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minimum wage

  • Burnham eyes youth minimum wage rethink as jobs crisis bites

    Business

    Andy Burnham’s government is considering slowing planned minimum wage rises for young workers amid concerns that higher employment costs are making businesses more reluctant to hire them. Downing Street and the Treasury are examining whether the rapid increase in wages for under-21s has contributed to Britain’s youth jobs crisis, Bloomberg first reported, as ministers prepare [...]

    Office for National Statistics
  • Gareth Southgate hits out at WFH and warns high taxes are harming youth unemployment

    Economics

    Former England manager Sir Gareth Southgate has said he is against working from home and argued that young people need workplace mentors to develop their careers.  On a trip with the Neets tsar Alan Milburn, Southgate hit out at companies’ working from home policies and linked it to the joblessness crisis facing under 25-year-olds.  “What [...]

    England manager Gareth Southgate today named his 26-man provisional squad ahead of this summer's Euro 2024 tournament in Germany.
  • ‘King of Mayfair’ Richard Caring hits out at ‘lacklustre’ economy

    Hospitality

    Richard Caring, dubbed the ‘King of Mayfair’, has blamed the UK’s “lacklustre” economy for falling sales at his luxury restaurant group.  The hospitality tycoon’s Caprice Holdings reported a four per cent dip in revenue to £90.5m in the year to January, which it blamed on rising employment costs and US tariffs.  Caring’s hospitality group includes [...]

    Mayfair street view showcasing luxury shops, bustling activity, and elegant architecture in a prominent business district
  • Tesco, B&Q and Whitbread scolded in minimum wage crackdown

    September 3, 2026

    Labour’s new workers’ rights police force has scolded Tesco, B&Q and Whitbread, and more than 600 other firms, for failing to pay the minimum wage.  The Fair Work Agency has published the names of 658 companies which have been fined £7m and forced to return £4m to more than 27,000 workers who have not been [...]

  • Bingo giant takes hit from rising employment costs 

    September 1, 2026

    The country’s biggest bingo hall operator has hit out at the “significant” hikes to employment costs which dragged down its earnings despite surging Gen-Z interest in the pastime.  Buzz Bingo, formerly Gala, blamed recent increases in employer national insurance contributions (NICs) and the minimum wage for its six per cent dip in underlying earnings, to [...]

  • Matalan kicks off turnaround under new boss as retailer slashes jobs

    June 17, 2026

    Matalan’s new boss has kicked off the fast fashion retailer’s wide-range turnaround which has revamped dozens of stores but caused the loss of more than 600 jobs. Henrik Nordvall, who took the reins as chief executive in November, said he is “encouraged by the progress already underway” as the clothes seller pushes to renew its [...]

  • Starmer ally defends minimum wage quango after Sunak calls for it to be axed

    June 9, 2026

    Welfare secretary Pat McFadden has leapt to the defence of the minimum wage quango after former Prime Minister Rishi Sunak called for the body to be axed. The top ally of Sir Keir Starmer told City AM it “would be a mistake” to abolish the Low Pay Commission (LPC), an independent body that advises the [...]

  • Pub bosses warn tax hikes driving youth unemployment crisis

    June 1, 2026

    Pub bosses have warned that Labour tax hikes are driving the youth unemployment crisis, which is pushing the UK towards an “economic catastrophe”.  Several hospitality leaders have called on the government to reverse its increases to employer national insurance contributions (NICs), which pubs say are making it harder for them to hire young people. Last [...]

  • The Debate: Is Britain’s minimum wage too high?

    May 27, 2026

    Rishi Sunak has confessed minimum wage hikes he oversaw were too high. But is raising wages during a cost of living crisis really so bad?

  • Next boss slams Labour’s zero-hour contracts crackdown

    May 26, 2026

    The boss of Next has slammed the government’s crackdown on zero-hour contracts and called on Labour to unwind its “employment taxes”. Lord Simon Wolfson, chief executive of the FTSE 100 retailer, said the government’s plans to force employers to offer guaranteed hours to those on flexible contracts will make it “much harder” for Next to [...]

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