Mind the (pay) gap: Difference in pay for millennials is only five per cent in 20s but hikes significantly in 30s and 40s January 4, 2017 The gender pay gap has almost halved in a generation for millennials in their 20s, research out today shows, but the gulf is poised to escalate again once women reach their 30s and 40s. Millennial women, born between 1981 and 2000, who are now in their 20s earn around five per cent less than their [...]
Resolutions for your money: Experts give their personal finance tips for 2017 January 4, 2017 After the gift giving, sales shopping and other excesses of the festive season, many of us aspire to start the New Year with tighter belts. According to research by Masthaven, 78 per cent of Brits intend to save over the next 12 months, with 34 per cent of them planning to squirrel away more than they [...]
Digital challenger bank Monese lands $10m January 3, 2017 One of the UK's up-and-coming digital challenger banks has landed a new round of funding from investors to expand to Europe. Monese has raised $10m (£8.2m) in series A funding from Anthemis Exponential Ventures, Korea Investment Partners and STE Capital. It follows on from a $1.8m in the summer of 2015 from Seedcamp, SmartCap along with entrepreneur and [...]
The 10 companies where directors earn the highest salaries January 3, 2017 Thinking of climbing the career ladder in 2017? C'mon, who isn't, let's be honest. It's a new year bringing new opportunity, after all. But if you're looking to make the leap to director level, or are eyeing a change of scenery at that level already, some moves are worth making more than others – when [...]
Pension deficits hit a record year-end high as experts warn on implications January 3, 2017 Britain's pension gap almost doubled during 2016 to the highest ever year-end level, according to data released today. The aggregate deficit of defined benefit pension schemes leapt to £434bn, according to JLT Employee Benefits, up from £233bn, 12 months before. Although deficits have pared back from all-time highs of over £500bn in August, experts predicted bumper pension [...]
Volkswagen shares are in pole position for a 2017 comeback January 3, 2017 Time to take down the stockings, tuck away the ornaments and get shopping! Because as any bargain-hunter knows, the disappointment that comes from not getting what you want under the tree is easily forgotten by trading up for something better in the January sales. That may be the hope of VW chief executive Matthias Mueller [...]
I-Office: The brave new world of work January 3, 2017 It's 3 January, 2030. You get up at 6am, have a shower and get dressed, slipping into your self-tying shoes as you leave the house. On the way to your first day of work of the new year, you reserve a desk from your icontact-lens and flick through the morning’s emails. In the office, you are [...]
City Moves for 3 January 2017 | Who’s switching jobs January 3, 2017 Kingston Smith Kingston Smith has strengthened its tax team with the appointment of Debbie Jennings as a VAT Principal at the top 20 firm of chartered accountants and business advisers. Debbie brings with her over 25 years’ experience in VAT consultancy and is a member of the Chartered Institute of Tax. Her mid-tier client base [...]
With diverging monetary policy and more political uncertainty, should investors expect 2017 to be the year that growth makes a comeback? January 3, 2017 This year is being heralded as a new dawn for markets. The economic malaise which has dogged developed economies since the financial crisis will finally subside; the battle against deflation has been won; fiscal stimulus is firmly on the agenda, and real growth will return. Such optimistic assessments may prove to be on the money. [...]
Working for longer isn’t an option for those who are forced into early retirement, survey finds January 2, 2017 Many of the Britain's workers are being forced into early retirement due to illness or redundancy according to new figures released today. More than four in 10 of retired people have been forced to quit full-time positions due to circumstances outside of their control, a survey by Just Retirement has revealed. The news is a concern [...]
