Category: Pay

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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‘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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Labour’s employment rights bill: what key changes will it bring?

Improvements to workers’ rights to include day-one universal sick pay and an end to zero-hours contracts and fire and rehireLabour’s employment rights bill is the biggest step towards enacting one of its key election...

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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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Government plans to improve UK workers’ rights ‘lack crucial details’, says top thinktank

A report by the Autonomy Institute says Labour proposals contain too many ambiguities and stresses that pledges must be delivered in fullThe Labour government’s highly publicised plans to improve workers’ rights and...

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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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