Category: Pay

Staff layoffs in UK gain pace amid Trump tariff turmoil and labour cost increases

Surveys show employer confidence at record low, prompting job cuts and hiring freezeUK rate cut may fail to improve voters’ dim view of the governmentUK employers laid off staff in April at a faster pace than the previous...

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Number of payrolled workers in UK fell by 78,000 ahead of budget tax rise

Wages rise 5.9% in three months to February, while unemployment unchanged at 4.4%Business live – latest updatesThe number of workers on UK company payrolls has fallen at the fastest pace since the height of the Covid...

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Number of payrolled workers in UK falls by 78,000 as pay growth stays high

Wages rise 5.9% in three months to February, while unemployment unchanged at 4.4%Business live – latest updatesThe number of workers on UK company payrolls has fallen at the fastest pace since the height of the Covid...

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Reeves defends Labour’s £40bn tax rise as businesses prepare for NICs hike

Chancellor says autumn budget enabled £25bn of extra investment into NHS and shorter waiting lists Rachel Reeves has defended the £40bn in tax increases in autumn’s budget as businesses brace for their impact,...

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Reeves defends £40bn tax increase in autumn budget as businesses prepare for NICs hike

Chancellor says £25bn extra investment into NHS has led to shorter waiting listsRachel Reeves has defended the £40bn in tax increases in autumn’s budget as businesses brace for their impact, saying NHS waiting...

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Social care sector faces collapse as NICs and wage rises loom, providers warn

Independent care providers say the government’s planned increases will push many to the brinkA day on the frontline of England’s social care crisis – Politics Weekly UKThe adult social care sector could...

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UK drops down list of affluent nations after decade of stagnation, NIESR finds

Districts in Birmingham now ranked below poorest areas of France, Slovenia and Malta as institute urges rethink on planned welfare cutsThe UK has tumbled down the league of affluent nations after almost a decade of welfare cuts...

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Hospitality firms ‘to incur £1bn costs from employer NICs on 774,000 more workers’

Industry body says businesses and jobs at risk unless Rachel Reeves’s tax changes delayed or alteredThe hospitality industry will incur an extra £1bn of costs for 774,000 of its workers who will be newly eligible for...

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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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