For a few months last year, Prime Minister Boris Johnson’s key message was that Britain deserved a pay rise. “Wage growth” would be the key measure of the success of his “levelling up” mission, he said. But very soon after, Mr Sunak’s former department, the Treasury, clarified that wage rises would have to be justified by an increase in productivity.
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New rules aim to end ‘rip-off’ finance fees
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Eric Leenders, managing director of personal finance at UK Finance, the trade body for the banking sector, said he...
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Train strikes: Passengers warned of more disruption as drivers walk out
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Passengers with advance, off-peak or anytime tickets affected by the strike on 13 August can use their ticket either...
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UK economic growth slows sharply in February
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Alpesh Paleja, lead economist at the CBI, a business lobby group, said: “Near-term challenges to the outlook have ramped...
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New powers sought to stop illegal ticket resales
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George Lusty, the CMA’s senior director for consumer protection, said: “Over recent years, we have taken strong action to...
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Delaying National Insurance rise would be ‘no problem’
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Until this year, the state pension was earmarked to rise by the lesser of inflation, average wages growth or...
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Covid: Travel firms angry over France quarantine rule
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Prof John Edmunds, an epidemiologist from the London School of Hygiene and Tropical Medicine and a government adviser on...
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Housing market shows signs of picking up
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Karim Haji, head of financial Services at KPMG, said: “While the rise in mortgage approvals offers some green shoots...
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McDonald’s and Coca-Cola boycott calls grow over Russia
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Thomas DiNapoli, comptroller of the New York state common retirement fund, wrote letters to the companies, according to Reuters...
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