Category : Search result: wage inflation


Tech CEO earns £94M - 1,300x worker pay

A little-known tech company has come under fire after appointing a new CEO with a staggering £94 million salary package, dwarfing the average employee wage by 1,300 times.

UK's baffling hiring crisis explained

A puzzling trend in the UK job market: businesses face hiring challenges while unemployment remains high. What's behind this mismatch?

Bank of England holds rates at 5.25%

The Bank of England has kept interest rates unchanged at 5.25% for the fifth consecutive meeting, as inflation remains stubbornly above target. Governor Andrew Bailey signals cautious optimism but warns of persistent risks.

National Living Wage Could Rise to £15

The UK government is reportedly considering a significant increase in the National Living Wage, potentially reaching £15 per hour. Here’s how this change could impact workers and businesses.

UK Government Boosts Minimum Wage

The UK government has unveiled plans to increase the minimum wage, offering a financial lifeline to millions of workers. Here's how the changes will impact you.

LPC demands end to UK youth pay gap

The Low Pay Commission calls for an end to age-related pay disparities, urging the UK government to align minimum wages for all workers, regardless of age.

Rayner faces tax scrutiny amid minimum wage push

Labour's deputy leader Angela Rayner is under fire again over her historical tax arrangements as she campaigns for a higher minimum wage. Critics question her credibility on workers' rights.

California's $20 fast food wage sparks industry backlash

California's new $20 minimum wage for fast food workers has triggered layoffs and price hikes, with chains like Pizza Hut and Chipotle cutting jobs. Governor Newsom defends the policy amid growing industry unrest.

UK unemployment rises as wage growth slows

New data reveals a concerning trend in the UK labour market, with rising unemployment and slowing wage growth. What does this mean for workers and businesses?

UK inflation rises to 4% in December

UK inflation surges unexpectedly to 4% in December, driven by rising tobacco and alcohol prices. Experts warn of prolonged cost-of-living pressures as the Bank of England faces tough rate decisions.

US Inflation Cools as Trump Tariffs Loom

New data shows US inflation easing in June, but economists warn Trump’s proposed tariffs could reverse progress. Here’s how it impacts markets and consumers.

Trump's Economy Hit by Soaring Grocery Prices

As inflation continues to surge, grocery prices skyrocket, dealing another blow to Trump's economic record. Experts warn of prolonged financial strain for households.

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