According to a new global study of the difference in earnings between couples, the findings show the majority of the wives earn less than their husband. The study examined publicly available data from 45 countries across a four-decade period – from 1973 to 2016 – for the first global survey of intra-household gender inequality in wages. The researchers, Professor ...
The boss of a global shipping agent has told shoppers to plan ahead for Christmas because of UK ports delays. Peter Wilson, from Cory Bros, said people should order items in a “timely fashion” to ensure they arrive in time. Shop shelves would stay stocked, but there may be less choice, he said. Meanwhile, the UK’s biggest commercial port ...
The UK economy grew by 0.4% in August as more people dined out, went on holiday and attended music festivals. The Office for National Statistics (ONS) said the services sector made the biggest contribution to economic growth in the first full month after all Covid restrictions were lifted in England. It said arts, entertainment and recreation grew 9%, boosted ...
There are almost 10,000 fewer licensed premises across Britain since the start of the coronavirus pandemic – with a rush of closures taking place since the summer despite a reopening of the economy, according to a report. The latest market recovery monitor from industry consultants CGA and business advisory firm AlixPartners said the sector, including bars, pubs and restaurants, ...
Banking giant Barclays has officially opened a major new financial hub in Glasgow. Its campus in Tradeston, next to the River Clyde, will house technology, operations and functions teams, bringing “new high-value roles” to the city. It aims to bring together about 5,000 staff at the 500,000 sq ft site by 2023. The campus includes indoor and outdoor spaces ...
A law firm is seeking to launch a group action against Amazon over employee rights for delivery drivers. Leigh Day is claiming drivers hired via third party delivery companies to make deliveries for the online giant should be given rights enjoyed by employees. The drivers are classed as being self-employed, meaning they are not entitled to minimum wage and ...
A single person will need post-tax annual income of £10,900 for a minimum standard of living in retirement, academics have estimated. That spending budget increases to £16,700 for a couple, the calculations for The Pensions and Lifetime Savings Association (PLSA) suggest. For the first time in the assessment, Netflix subscriptions and items such as haircuts are included. The PLSA ...
The number of job vacancies in the UK has hit a record high, according to the latest official figures. Vacancies hit 1.1 million between July and September, the Office for National Statistics said, the highest level since records began in 2001. The largest increase in vacancies was in the retail sector and in motor vehicle repair, it said. The ...
Heavy industry struggling with surging energy costs will only get support if they can prove they have been pushed to the brink of closure, Whitehall sources have said, as industry leaders warned that the package sounded like no more than “flimsy sticking plaster”. A senior government source said on Tuesday that any scheme for companies would be means-tested, time-limited ...
Starting a new business can be exciting and challenging at the same time. If you have brilliant ideas, you tend to be so thrilled and have the desire to start your business right away. You may already have a business plan now and you’re ready to make everything happen any time. However, if you don’t have enough funds to finance ...