Deloitte, KPMG, PwC and EY push further into India as all Big Four firms go on aggressive hiring spree May 19, 2022 The big four professional services firms—Deloitte, KPMG International Coop (KPMG), PricewaterhouseCoopers International Ltd (PwC) and Ernst & Young Global Ltd (EY)—seem to be focusing on India for recruitment since the start of 2022. Among the four, EY had the highest job postings for India during the first qaurter, followed by Deloitte, PwC, and KPMG, respectively, [...]
TUC urges action on gender pensions gap May 19, 2022 Unions are stepping up calls to tackle the “huge problem” of the gender pension gap after a study suggested that in many industries women have workplace pensions worth less than a fifth of male colleagues. The TUC dubbed Thursday ‘gender pensions gap day’, when it estimated that women pensioners start getting paid because retired women [...]
Age hits equally, but the gender pension gap doesn’t May 19, 2022 According to Amazon’s rankings, the best selling products for sixty-plus Brits are elevated toilet seats, pill organisers and pain relief creams. As elderly age affects the population regardless of gender, Amazon’s pensioners’ insights don’t take into account whether the buyer is a man or a woman – raised toilet seats are so far yet to [...]
Looking after number one: Your guide to topping up the pension May 19, 2022 Live fast, die young, bad girls do it well, raps London’s M.I.A. But what if you are a sensible girl, live slow, and actually die old? The millennial mindset may be one hurdle to long-term investing. But pensions are there for a reason: they are a “surprising, sneaky, clever little vehicle for investment”, as Tamara [...]
Government to hunt down ‘callous’ benefit fraudsters in new £600m crackdown that should save £2bn May 19, 2022 A new crackdown on benefit fraud should save the taxpayer £2bn over the next three years. A £600m plan is to be unveiled by the Government. The plan will involve 2,000 trained specialists reviewing two million universal credit claims over the next five years. DWP officers will also be bolstered with new powers, including to [...]
Brexit red tape onslaught deepens as UK economy loses £47bn because businesses drown in cross-border tax complexities May 18, 2022 Cross-border tax complexities cost the UK economy £47.6bn in lost revenue last year, an average revenue loss of 16 per cent on total EU exports, according to fresh industry data shared with City A.M. this morning. The stresses of navigating complex regulations post-Brexit continues to hold back growth for UK exporters, and is causing significant [...]
London average hits £440k: First-time buyers in for a shock as house prices for newcomers rise £24 per day May 18, 2022 While celebrities can often be seen splashing millions of pounds on their first homes, the average first-time buyer (FTB) is spending £223,751 on their first property. In fact, the average FTB needs to find £43,623 more than they did in 2016 to secure their first own property, a 24 per cent increase, according to data [...]
The Elizabeth line effect: House prices along Crossrail skyrocket by as much as 215 per cent May 17, 2022 With the initial launch of Crossrail imminent, it has emerged that postcodes with stations due to benefit from Crossrail (CR) have seen house prices increase by up to 215 per cent since the project was first announced, carrying a 14 per cent premium versus the wider areas. Postcodes home to a Crossrail station have seen [...]
Burned Out? Here Are Great Companies To Move To May 17, 2022 Burnout is nothing new – many of us have experienced it at work at some stage, and it is so real that the World Health Organisation has classified it as an “occupational phenomenon” in its International Classification of Diseases. A term that is a bit newer, but probably still pretty familiar, is the concept of [...]
Exclusive: FTSE100 companies grossly overestimate their performance on diversity, equity and inclusion May 17, 2022 Nearly two years on from the BLM protests, companies of all sizes are failing to enact the cultural and operational changes that they promised at the time. An audit of the FTSE100 by agility firm Agility in Mind found that despite almost all (99 per cent) having an inclusive mission statement, less than half (48 [...]