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wage bills

  • Anthropic: UK staff get eye-watering sums at AI giant

    Tech

    US AI giant Anthropic is paying its UK staff eye-watering financial packages as it attempts to build a foothold in this country. The business, which only launched in the UK at the start of 2023, increased its headcount from six to 43 in 2024 while its staff costs rocketed from £3.6m to £24m. Its wage [...]

    Breaking news event with journalists gathered at a press conference, microphones and cameras capturing the scene
  • One in ten part-time retail jobs at risk from changes to tax thresholds

    Retail

    A leading retail body has warned that up to 160,000 part-time jobs could be at risk over the next three years due to the rising cost of employment. Part-time roles are particularly susceptible to tax changes announced at the Budget. Retailers will be taxed on any employee earning more than £5,000, down from the current [...]

    Food inflation remained elevated in September

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