Today’s interest rate hike may hit mortgage holders hard, warns IFS director ahead of BoE announcement May 5, 2022 Paul Johnson, director of the Institute For Fiscal Studies, warned this morning of the impact on people’s mortgages of an expected interest rates hike by the Bank of England on Thursday. “We are still at historically staggeringly low levels of interest rates,” he told Radio 4’s Today programme. “So you look at it that way [...]
Recruiters in overdrive as number of job adverts skyrockets: 1.8m vacancies now up for grabs May 5, 2022 The number of job adverts continues to increase, showing how firms are “eager” to hire new staff, according to data shared with City A.M. this morning. There were 1.8m vacancies advertised in the week to May 1, around 15 per cent more than the same period last month. The Recruitment and Employment Confederation (REC) said [...]
Half of all staff may leave: Apple braces for exodus of workers as return-to-office order does not fly well May 5, 2022 Staff at iPhone and laptop giant Apple are reportedly so unhappy with the company’s return-to-office policy that half of all workers is considering to leave. In March, Apple informed most of its employees they would be expected to return to the office on 11 April, and the company made clear it expects its staff to [...]
Take the Brexit bus: Brits living in Spain no longer allowed to drive after deal collapses May 4, 2022 Tens of thousands of British nationals living in Spain are no longer able to use their current licence as the UK and Spain have failed to reach a post-Brexit deal on the use of British driving licences. From 1 May, British expats in Spain are hit by a driving ban as they are no longer [...]
Revealed: From Ronaldo’s £12m to Lukaku’s £8m, here is how much the Premier League’s best-paid stars stump up in UK tax May 4, 2022 While some might consider Premier League footballers to be overpaid prima donnas, they make contributions that would make the average taxpayer’s eyes water. New research shared with City A.M. today reveals how much tax is paid by the League’s biggest stars. The highest paid footballer in The Premier League is Manchester United striker Cristiano Ronaldo. [...]
Pension surplus jumps as inflation takes chunk of savers’ spending power May 4, 2022 The value of UK pension scheme’s assets are rising ahead of liabilities as inflation looks set to take a chunk out of pensioners’ spending power, fresh data has revealed.
Brexit papers: More applications for Irish than UK passports in Northern Ireland for first time, 419 every single day May 4, 2022 The number of people in Northern Ireland applying for an Irish passport topped 24,643 during the first two months of this year, more than 419 per day, according to new figures. In fact, the demand for Irish papers in Northern Ireland is so high that, for the first time ever, people in Northern Ireland applied [...]
Let Brits pick value brands over own-branded products to beat cost of living crisis, Cabinet minister suggests May 4, 2022 A Cabinet minister suggested shoppers could choose value brands to help cope with rising food prices. Environment Secretary George Eustice told Sky News that rising fertiliser and feed costs had hit the farming industry, partly as a result of soaring energy prices. “The better news is that we have a very, very competitive retail market [...]
7 in 10 first-time buyers forced to delay property purchase as cost of living crisis drains home seekers’ wallets May 4, 2022 A staggering 70 per cent of potential first-time buyers looking to buy in the next year or two have decided to delay their purchases as rising living costs hit their ability to save, according to a survey. Nearly nine in 10 said their ability to save for a deposit has been affected by the rising [...]
Building an environment for success with a culture of innovation May 3, 2022 | Sponsored The old business saying goes: “look after your employees and they will look after you”. Informed Solutions is clearly a company that looks after its people. It is the bedrock of its business, and the reason for its success. It’s a fact that has actually been proved. Earlier this year the company was certified as [...]
