Category : Search result: inflation pay rise


UK Inflation Plummets to 2% Target

In a dramatic economic turnaround, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years, sparking speculation about imminent interest rate cuts and relief for households.

Real Living Wage rises 7% in UK pay boost

Nearly half a million UK workers will receive a significant pay increase as the Real Living Wage rises to £13.15 in London and £12.05 nationwide, outpacing government minimum rates.

UK inflation falls to 2% target

Inflation has hit the Bank of England's 2% target for the first time in nearly three years, putting pressure on policymakers ahead of Thursday's crucial interest rate announcement.

Rail workers secure four-day week in landmark RMT deal

In a groundbreaking agreement that could transform Britain's railway industry, Network Rail workers have secured a four-day working week without loss of pay alongside substantial salary increases following negotiations with the RMT union.

Weekly food shop prices hit record high in UK

British households face unprecedented pressure as grocery prices surge 15.7% annually, with essentials like milk, butter and cheese seeing the sharpest increases. New data reveals the ongoing cost-of-living crisis is far from over.

Mayor's £850k statue splurge sparks pay rise fury

A council leader faces public outrage after spending nearly £1 million of taxpayer money on two Italian statues while simultaneously requesting a substantial salary increase, raising serious questions about fiscal responsibility.

Super Boost for Millions of Australian Workers

Groundbreaking superannuation reforms could see millions of lower-income Australians earn more on their payday while securing their retirement future. Here's how the proposed changes work.

UK Has Worst Inflation Among Advanced Economies

Exclusive analysis reveals Britain is suffering the worst inflation among world's wealthiest nations, with families facing unprecedented cost of living pressures as prices continue to soar.

Tesco sales jump as grocery inflation persists

Britain's largest supermarket Tesco reports strong sales growth as consumers flock to value ranges, while Asda sees inflation ease but food prices remain high across UK supermarkets.

NHS staff vote to strike over institutional racism

Thousands of NHS workers across England have overwhelmingly voted for strike action, citing deep-rooted institutional racism and significant pay disparities affecting ethnic minority staff.

Reeves: No Money for Public Sector Pay Rises

Chancellor Rachel Reeves declares no money for public sector pay rises in upcoming budget, setting stage for potential confrontation with unions as she blames previous Tory government for empty coffers.

Celebrity Traitors 2025 Pay Disparities Exposed

Exclusive investigation reveals the staggering pay disparities among BBC's Celebrity Traitors 2025 cast members, with some earning ten times more than others for the same show.

NSW Psychiatrists Win 20% Pay Rise After Health Dispute

Psychiatrists across New South Wales' public hospitals have won a significant 20% salary increase following a successful dispute resolution with NSW Health, addressing long-standing workforce retention concerns.

Greggs & Pret Prices Soar Amid UK Food Inflation

New data reveals sharp price increases for UK lunchtime staples. Greggs sausage rolls and Pret's meal deals hit record highs as retailers grapple with persistent inflation pressures.

Bank of England holds interest rates at 5.25%

The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Governor Andrew Bailey warns of persistent inflationary pressures despite economic slowdown.

Bank of America UK: Pay Rises Amid Branch Closures

Exclusive: Bank of America announces a major pay increase for its UK staff while quietly accelerating a programme of local branch closures, raising questions about the future of high street banking.

Powell Warns: High Inflation to Delay Rate Cuts

Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.

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