Category: Family finances

Unpaid internships ‘locking out’ young working-class people from careers

UK charity calls for positions of four weeks or longer to be banned to help close social mobility gapYoung people from working-class or disadvantaged backgrounds are being “locked out” of careers by unpaid or...

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FTSE 100 bosses make more money by noon today than average worker in a year

Bosses will hit milestone marginally quicker this year on the third working day of 2025 with median hourly pay of £1,298, says High Pay CentreThe chief executives of FTSE 100 companies will have made more money in 2025 by...

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Council tax bills could rise by 5% after Labour keeps cap in place

Rise would be almost three times above current levels of inflation and add £100 to average family’s billsLabour has confirmed council tax rises will be kept at the 5% cap next year, which could mean a rise of...

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‘There will be consequences’: budget may mean smaller pay rises, says Reeves

Increase in employers’ national insurance contributions will affect businesses but is projected to raise £25bn Politics live – latest updatesThe budget is likely to mean smaller pay rises for workers because of...

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Stop pushing heat pumps or face major backlash, green energy magnate tells Labour

Party donor Dale Vince warns that urging homeowners to switch to clean-power technology risks political storm bigger than UlezThe government risks a huge political backlash if it keeps pushing the public to install heat pumps to...

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Winter fuel: thousands more could lose benefit if it becomes means tested, data suggests

A further 175,000 pensioners are likely to stop receiving allowance under such plans, official figures showUK politics live – latest updatesA further 175,000 pensioners could lose the winter fuel allowance if the benefit...

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Winter fuel allowance cut: who voted for this? – Politics Weekly UK

The government saw off a rebellion over its plans to cut winter fuel allowance this week. John Harris speaks to Caroline Abrahams from Age UK about what this winter will look like for millions of pensioners losing out. Plus, he...

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‘People’s futures on the line’ amid surge in youth unemployment, unions warn

Statistics show 16- to 24-year-olds out of work at highest level since pandemic, a rise of almost 50% in two yearsYouth unemployment has risen to a post-pandemic high as unions warned that “young people’s futures are...

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Scrapping two-child benefit limit ‘would still leave 100,000 young Britons in poverty’

Impact of abolishing policy would be dented unless overall cap is reformed, figures showTens of thousands of children affected by the two-child benefit limit may not be lifted out of poverty unless the overall benefit cap is...

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