Disposable incomes grew in November but households will feel the pinch as inflation begins to bite, say experts December 29, 2016 Household disposable incomes have swelled by 4.5 per cent over the last year despite price inflation being at a two-year high. Including bonuses, the average cash families have to splash out on discretionary items stood at £202, up over £9 on the previous year, according to data prepared by the Centre for Economics and Business Research (Cebr) and [...]
Wiggins saga reignites: Damian Collins says there is no evidence to back-up Dave Brailsford’s decongestant claims December 29, 2016 The teams behind five times Olympic gold medalist Bradley Wiggins have failed to provide evidence to back-up claims a mysterious package delivered to the team contained a non-banned medical substance. Controversy surrounded Team Sky – who masterminded Wiggins' 2012 Tour de France victory – and British Cycling earlier this year after it was revealed a British Cycling coach was asked [...]
Jobs melting away: Hundreds of jobs may be lost as Cadbury Fingers could be made outside the UK December 29, 2016 The government has been urged to take action to safeguard hundreds of jobs at one of Britain's best-known chocolatiers. Cadbury's parent company, Mondelez, bought back the licence from fellow confectionery company Burton's Biscuits to produce some of the UK's best-loved snacks. Previously, Cadbury Fingers were produced under a licence by Burton's at its factory in Edinburgh alongside other lines made by [...]
Transport for London warns Londoners that travelcards and daily fare caps will increase in the New Year December 29, 2016 Londoners have been warned not to get caught out by New Year public transport price hikes despite promises to freeze fares in the capital until 2020. Transport for London (TfL) said it did not have the power to stop a 2.3 per cent increase in the cost of travelcards because their pricing is set by the government. [...]
Coasting, balance, fire and guts: Six career mistakes you’ll live to regret December 29, 2016 The New Year is a time when many of us make grandiose promises to ourselves and others about our life aspirations. When it comes to your career, making a decision to shake things up can be just the ticket and provide the impetus to achieve career aspirations. Read more: Eight podcasts to make you better at your [...]
Freezing fog and ice: Drivers told to take extra care and airports warn of delays December 29, 2016 Drivers are being urged to be wary of lingering freezing fog as temperatures plummeted following a relatively mild weekend. Visibility across London, eastern England, the Midlands and Wales could be less than 100 metres. And combined with temperatures falling below freezing, the Met Office said people hitting the roads should be careful of untreated surfaces. "Driving [...]
Media union Bectu to merge into engineering counterpart Prospect taking membership to 140,000 December 24, 2016 Entertainment and media workers union Bectu will be swallowed by Prospect, the UK's largest engineer-dedicated union. Prospect numbers will swell to 140,000 following the merger which will go live from 1 January, putting it firmly inside the top 15 largest unions in the country and almost double in size of the likes of the Rail, Maritime and [...]
FCA fines plummet in 2016: Epidemic problems in wind down, say experts December 23, 2016 Fines levied by the UK's financial watchdog have fallen to their lowest level in nine years. The amount imposed by the Financial Conduct Authority (FCA) has fell by 97 per cent during 2016 – just £22m of penalties have been dished out, compared with £905m in the previous year. And according to City law firm [...]