Category : Search result: Wage Inflation


FA Mandates Minimum Wage for Women's Footballers

The Football Association has introduced a historic minimum wage for women's footballers in England's top two tiers, marking a pivotal moment for professionalism and player welfare in the game.

Crane Operator Job Ad Offering £3,000/Week Goes Viral

A job advertisement for a crane operator in Australia offering a staggering $6,000 AUD (£3,100) per week has gone viral, sparking a fierce debate about skilled labour shortages, wage inflation, and the cost of living crisis.

Australia's Wealth Gap Widens in New Damning Report

A damning new report reveals Australia's wealth gap is widening at an alarming rate, with executive pay soaring while worker wages stagnate. Discover the stark realities of the nation's cost-of-living crisis.

UK Summer Air Fares Soar Amid Inflation Surge

Official figures show a dramatic surge in UK air fares this summer, with prices skyrocketing due to persistent inflation and soaring jet fuel costs. Discover what's driving the increase and how it's affecting holidaymakers.

PLT's £6.25ph Burnley Job Ad Sparks Fury and Backlash

Fast-fashion giant PrettyLittle Thing faces a severe backlash and accusations of exploitation after advertising a warehouse job in Burnley for a shockingly low wage, reigniting the debate on workers' rights in the UK.

UK Food Inflation Crashes to 18-Month Low

In a major relief for households, UK food inflation has dropped to its lowest level since January 2023. We break down which grocery prices are falling fastest and what it means for your weekly shop.

UK Retail Sales Crash Amid Soaring Inflation

New data reveals a sharp decline in UK retail sales, with like-for-like growth turning negative. Soaring food inflation and the cost-of-living crisis are forcing consumers to cut back severely on non-essential spending.

The shocking truth about becoming a UK millionaire

New research reveals the staggering number of years it would take the average British worker to earn £1 million. We break down the numbers and show why it's a near-impossible dream for most.

UK Barista Wages Surge Past White-Collar Jobs

A surprising economic shift is underway as UK service sector wages for baristas, bartenders, and hotel staff surge past traditional white-collar roles, driven by post-pandemic demand and a tight labour market.

UK Inflation Rises, Halting Bank of England Rate Cuts

UK inflation unexpectedly jumped to 2.3% in July, dashing hopes for an August interest rate cut. Soaring air fares and rising clothing costs are blamed, putting the Bank of England's next move under intense scrutiny.

UK Inflation Rises to 2.5%, Dashing Rate Cut Hopes

In a fresh blow to household budgets, UK inflation rose to 2.5% in April, driven by soaring energy bills and stubborn service costs. The surprise jump dashes hopes for an imminent Bank of England interest rate cut, prolonging the cost-of-living squeeze fo

Australia's average salary tops $100,000

New data reveals Australia's average salary has surpassed $100,000, sparking debates on wage growth, inflation, and living costs. Here's the full breakdown.

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.

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