UCAS forms at the ready: Manchester Metropolitan University is offering students the chance to get paid while studying, and Pinsent Masons is just one of the companies paying students to study March 4, 2016 With competition for entry-level jobs scarily high, choosing whether to plump for a university degree or some extra years of work experience can be a daunting decision. However, some employers and educational establishments are looking at ways to offer bright young things the best of both worlds. In just under a fortnight's time, Manchester Metropolitan University [...]
BP group chief executive Bob Dudley rakes in $19.6m, including a boost to bonus, for year ended December 2015, despite the oil and gas company tumbling into a loss-making position March 4, 2016 BP's group chief executive Bob Dudley took home $19.6m (£13.8m) last year, despite the oil and gas company plummeting into a loss-making position. The company's year ended December 2015 annual report, which was published today, reveals that Dudley's remuneration packaging including pension had risen by 19.7 per cent from $16.4m the year before. The amount Dudley received as [...]
As Jerry Hall and Rupert Murdoch walk down the aisle, we sum up weddings in numbers: from venue costs and gift lists to tax tips for married couples and engagement ring costs March 4, 2016 Love is in the air, especially if you're in London. Media mogul Rupert Murdoch and supermodel Jerry Hall have, according to various reports, tied the knot today at Spencer House. The two seem like a financially-savvy pair so we're sure they'd appreciate knowing these numbers behind weddings: 1. Friends and family thinking about their budget for [...]
UK pensions: Auto-enrolment gives savers a false sense of security, and mismatch between pension freedoms age and state pension age causes further confusion March 4, 2016 Those who think that paying the minimum into their pension pot under auto-enrolment is going to fund them a comfortable retirement are in for a nasty shock, as pension experts warn the savings contribution system is lulling people into a false sense of security. Portal Financial also today warned that some people could be confused by the [...]
Customers with the Big Six energy companies could be missing out on as much as £400 a year on their energy bills, despite announced price cuts March 4, 2016 The energy market is still failing to provide consumers with the best possible prices, research released today by consumer interest company Which? has found. The study found that customers of the so-called Big Six energy companies – British Gas, EDF Energy, npower, E.on, Scottish Power and SSE – could save up to £400 a year if they [...]
UK pensions and Waspi campaign: Why state pension age is going up and what we need to do to bring it down, be it a more productive workforce, immigration, building more houses or having more children March 4, 2016 The current Waspi campaign by women affected by changes to state pension age has brought the issue back into focus again. And it will really ignite in 2018 when male state pension age starts to increase above its current level of 65. It’s a common misconception that the national insurance we and our employers pay [...]
UK housing market: Retirees turning their backs on downsizing in favour of buy-to-let investing, but they’re raiding their pensions to afford it March 4, 2016 Downsizing has fallen out of favour with older homeowners, with more and more purchasing their dream retirement property and then renting it out until they are ready to move in. According to research released today by Prudential, 20 per cent of over-55s would consider making a buy to let investment with the intention of living in it [...]
Twitter, eBay, LinkedIn and about a dozen other technology giants file legal brief supporting Apple in its iPhone encryption row March 3, 2016 Seventeen household names in the tech sector have filed a legal brief with a court in California today, backing Apple in its dispute over iPhone encryption. Apple has recently been embroiled in a dispute with US authorities after the technology company refused to unlock the iPhone of one of the attackers involved in the fatal San Bernardino [...]
Yahoo considering the sale of $1bn-$3bn worth of non-core assets, including patents and property, finance chief tells conference March 3, 2016 Internet giant Yahoo is considering selling off up to $3bn (£2.1bn) worth of non-core assets. Speaking at the Morgan Stanley Technology, Media and Telecom Conference today, Yahoo's finance chief Ken Goldman said that the company had appointed a committee to explore spinning off its core business and is considering a quick sale of some non-core assets, such as [...]
EU referendum: Most UK businesses are not prepared for a Brexit, despite many worrying about what changes a vote to leave on 23 June would bring March 3, 2016 A worrying number of businesses could be thrown into panic post-23 June, as many have no plan of action ready for if Britain votes to leave the EU. A study published today by professional services firm Grant Thornton discovered that two-thirds (65 per cent) of businesses have done no preparation at all for a potential [...]
