Category: Pay

UK pay growth slows less than expected as workers bid up wages

December figures pose dilemma for Bank of England, dampening hopes of early interest rate cutBusiness live – latest updatesPay growth slowed less than expected in December as workers continued to bid up their wages amid...

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How Labour’s plan for ‘fair pay deals’ looks to solve UK social care crisis

Underfunded, overstretched sector to become testing ground for battle against low pay but critics say policy is weak and vague“My sister is a care worker. She was a care worker during the pandemic. Fourteen-hour shifts,...

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Autumn statement: Jeremy Hunt looks to cut UK taxes and ‘turbo-charge growth’

Amid less gloomy OBR forecasts the chancellor is expected to take first steps towards cutting personal taxesJeremy Hunt will announce 110 measures to boost Britain’s stagnant economy and bow to demands from anxious Tory...

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UK workers will be worse off in 2024 than in 2019, thinktank warns

Resolution Foundation predicts average Britons will be 4% poorer but better-off pensioners will be ‘big winners’UK workers’ living standards will flatline next year, leaving them on track to be 4% worse off...

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Exploitation and low pay causing poverty among care workers, TUC finds

TUC says urgent investment needed in ‘Cinderella sectors’ to head off demographic timebomb‘Invisible, endless, relentless’: the reality of care work in EnglandChronic under-investment, exploitation and...

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