Employment NEWS

UK Chancellor raises NI rate for self-employed

  A rise in Class 4 national insurance contributions (NICs) paid by self-employed people was amongst the measures announced by Chancellor Philip Hammond in the Budget on Wednesday. Hammond said that the rate … Continue reading “UK Chancellor raises NI rate for self-employed”


UK faces worst income squeeze for 60 years

With the UK continuing to make slow progress in recovering from the financial crisis, household incomes will not grow at all for the next two years, according to a report published on Thursday. … Continue reading “UK faces worst income squeeze for 60 years”


More than 350 UK firms ‘named and shamed’ over low pay

Hundreds of companies in the UK have been paying staff below the national minimum wage or the national living wage, the UK Government revealed on Wednesday. Debenhams, Subway, Lloyds Pharmacy and the Co-op … Continue reading “More than 350 UK firms ‘named and shamed’ over low pay”


UK unemployment down, wage growth up

UK unemployment has continued to fall, according to new figures from the Office for National Statistics (ONS). The ONS said on Wednesday that unemployment fell by 52,000 to 1.6 million in the three … Continue reading “UK unemployment down, wage growth up”


UK inflation hits 1.6%

Higher air fares and food prices in December helped drive UK inflation to its highest rate for two-and-a-half years. The Office for National Statistics (ONS) said on Friday that the Consumer Prices Index … Continue reading “UK inflation hits 1.6%”


Wage inequality for men has risen, study finds

In the past 20 years there has been a fourfold increase in the number of men in low-paid part-time work, according to a new report from the Institute for Fiscal Studies (IFS). The … Continue reading “Wage inequality for men has risen, study finds”


Top UK bosses have already clocked up average annual UK salary

By lunchtime on 4 January, top bosses at UK firms had made more money than the average UK worker earns in an entire year, according to the High Pay Centre. The independent think … Continue reading “Top UK bosses have already clocked up average annual UK salary”


Business leaders reject proposed executive pay reforms

Prime Minister Theresa May has been urged to rethink her approach to reform of corporate pay and governance in the UK, just days after backtracking on proposals for worker representation in the boardroom. … Continue reading “Business leaders reject proposed executive pay reforms”


UK unemployment rate hits 11-year low

Employment in the UK rose by 49,000 in the three months to September 2016 and unemployment fell by 37,000 to 1.6 million, according to the latest labour market statistics. The Office for National … Continue reading “UK unemployment rate hits 11-year low”


Businesses put off investment after Brexit vote

A new study suggests that one third of British businesses have scaled back their plans for investment since the UK’s referendum on European Union membership. Hitachi Capital and the Centre for Economic and … Continue reading “Businesses put off investment after Brexit vote”


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