5m Brits have more than one job while double that number is looking for a side hustle September 27, 2022 More than 5m Brits are turning to a second or even third job to beat the cost of living crisis, while another 10m are considering it, according to new data out today from insurer Royal London. In fact, a separate study commissioned by GoDaddy shows that nearly one in three of firms that have under 10 employees are secondary [...]
Exclusive: STV’s boss on the BBC and conquering the world as Scotland’s peaktime leader September 27, 2022 The British broadcasting sector is hit by one challenge after the next. Following the rapid rise of the likes of Netflix in recent years, the next hurdle presented itself when the pandemic struck two years ago. As a result, the advertising market is under huge pressure and many national and regional broadcasters are struggling to [...]
Former City minister: Scrapping bonus cap could have waited ‘a little longer’ September 27, 2022 John Glen, the former City minister, has said the decision to scrap the bankers’ bonus cap should have waited amid a cost of living crisis. Glen told the Following the Rules podcast that the removal of the cap, announced last week by new Chancellor Kwasi Kwarteng, “was something that I would have deferred for a [...]
Ofgem steps in to demand suppliers improve support for vulnerable customers September 27, 2022 Three UK energy firms have severe weaknesses in how they support customers in payment difficulties, according to Ofgem.
UK Holiday Property Investment September 27, 2022 7% fixed NET return1 The UK holiday industry has shown signs of a strong recovery from the disruptions posed by the global pandemic. Research by the World Travel & Tourism Council (WTTC) forecast that the UK’s travel and tourism sector’s contribution to the economy could rise to £192 billion in 2022. The British public have [...]
If we don’t fix London’s housing, families will get stuck in temporary accommodation September 27, 2022 This coming winter will be hard for millions of Londoners, with energy costs and inflation hitting almost everyone. But it will be harder still for the thousands of families stuck in temporary accommodation who don’t have a permanent home. The numbers affected are staggering – 59 per cent of all English households in temporary accommodation [...]
Letters: Prevention in our offices September 27, 2022 [Re: Hello, 999? Our ambulances are in desperate need of emergency surgery, 22 September] Therese Coffey’s ABCD plan for the health service will be viewed by many as a welcome step to address systemic issues faced by the NHS especially in improving ambulance delays and GP waits. With long term sickness levels at a record [...]
Union to ballot 150,000 civil servants on plans for public sector strike September 26, 2022 The public sector workers’ union is set to ballot more than 150,000 civil servants on plans to strike over pay and working conditions. The Public and Commercial Services Union (PCS) said it is urging its members in 214 government departments to vote in favour of taking industrial action, after the UK government set out plans [...]
Pound and Dollar parity strongly on the cards: After today’s all-time low, is Sterling the new Lira? September 26, 2022 Sterling is getting absolutely pounded today in this week’s trading, and traders have started things exactly where they left off on Friday. The Sterling looks like an emerging market currency, especially when you look at the price of the British Pound a few months ago and compare it to where it is now. Bears are [...]
Investors to examine retailers’ books for signs of spending slump September 25, 2022 Investors will be parsing over a slew of results from top retailers for signs of a slowdown in consumer spending in response to an economic slump. London’s premier FTSE 100 index notched a poor performance last week, shedding 3.62 per cent to close at 7,018.60 points, mainly driven by a sharp sell off on Friday [...]