Pay
Reeves defends Labour’s £40bn tax rise as businesses prepare for NICs hike
Chancellor says autumn budget enabled £25bn of extra investment into NHS and shorter waiting lists
Heather Stewart Economics editor
02, Apr, 2025 @11:03 PM
Today Labour brings in higher wages, because we know we must put money back in working people’s pockets | Rachel Reeves
Our opponents dismiss this move, but we believe people deserve a decent day’s pay for a decent day’s work, says the chancellor of the exchequer, Rachel Reeves
Rachel Reeves
01, Apr, 2025 @9:10 AM
Major UK investors join push for retail giants to pay workers ‘real living wage’
Axa and Scottish Widows back ShareAction campaign for chains such as Next to pay at least £12.60 an hour
Sarah Butler
27, Mar, 2025 @12:01 AM
Bank of England in no hurry on interest rates – but cuts will come
Despite the decision to hold at 4.5%, businesses and households can take a confident view of the UK’s prospects
Phillip Inman
20, Mar, 2025 @3:28 PM
Social care sector faces collapse as NICs and wage rises loom, providers warn
Independent care providers say the government’s planned increases will push many to the brink
Frankie Tobi and John Harris
20, Mar, 2025 @7:00 AM
UK drops down list of affluent nations after decade of stagnation, NIESR finds
Districts in Birmingham now ranked below poorest areas of France, Malta and Slovenia as institute urges rethink on planned welfare cuts
Phillip Inman
12, Mar, 2025 @7:42 PM
John Lewis partners watch the profits rack up – but still not the bonuses
After a tricky few years, the group has bounced back, but, says its new chair, cash rewards for workers must wait
Sarah Butler
09, Mar, 2025 @2:00 PM
Labour unveils sick-pay guarantee for 1.3m lowest-paid workers
Workers earning under £123 a week to get 80% of salary in sick pay, keeping more people off benefits
Sarah Butler
03, Mar, 2025 @5:00 AM
UK awarded its lowest ranking for workplace gender equality in a decade
‘Sluggish’ pace in tackling gender pay gap and worsening employment levels push UK back to 18th in PwC index of OECD countries
Sarah Butler
03, Mar, 2025 @12:01 AM
Pay soars at Barclays and HSBC after end of UK banker bonus cap
One HSBC banker was paid up to £16.6m in 2024 while figure at Barclays was £14.8m after loosening of pay rules
Kalyeena Makortoff Banking correspondent
02, Mar, 2025 @3:17 PM
Bank of England must proceed with caution over future rate cuts, says deputy governor
Dave Ramsden said a gradual and careful approach was needed to balance inflation risks and interest rate cuts
Heather Stewart Economics editor
28, Feb, 2025 @12:16 PM
UK pay growth rises 6% despite job loss warnings after Reeves’s budget
Unemployment rate unchanged in three months to December, while vacancies increased in January
Richard Partington and Phillip Inman
18, Feb, 2025 @11:02 AM
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