CashNews.co It is well-known that women do more unpaid labour — in the form of housework, childcare and the mental load of managing a household — than men. And now, a new study by Durham University Business School suggests that attempts to level the playing field in the workplace may actually further entrench the inequalities […]
UK councils face £4.3bn ‘black hole’ in financing next year, data shows #UKFinance
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Councils across Britain are facing a £4.3bn “black hole” in their finances next year, the country’s biggest union has said, much larger than previous estimates. Unison in a report on Monday warned of a […]
NS&I admits why Premium Bonds winners ‘more likely’ in some areas | Personal Finance | Finance #UKFinance
CashNews.co It’s the dream for all of us that one day your carefully stashed savings will turn into a jackpot £1M Premium Bonds win from NS&I. Premium Bonds are a great way to save money tax-free if you’ve already maxed out your regular Personal Savings Allowance and cash ISA allowance. Every Premium Bond owned gives […]
UK adults ‘around twice as likely to track their steps as their pensions’ #UKFinance
CashNews.co More than a third (37%) of people would advise their younger selves to think about their future wealth in the same way as their future health, a survey has found. Nearly the same proportion of people are worried about their financial health (42%) as those who are concerned about their physical health (48%), according […]
Deloitte brings back face-to-face UK graduate interviews #UKFinance
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deloitte has reinstated in-person interviews for its UK graduate scheme, amid pressure from the accounting regulator for firms to clamp down on the potential for cheating in virtual assessments. The Big Four firm said […]
Chinese carmaker Chery weighs building cars in UK #UKFinance
CashNews.co Chery’s UK chief Victor Zhang said it was only a “matter of time” before the company made a final decision on entering the UK. The Chinese car-making giant Chery is considering building vehicles in the UK as part of its ambition to muscle in on traditional European manufacturers. UK boss Victor Zhang told the […]
UK health minister says NHS needs to make ‘three big shifts’ to survive #UKFinance
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The NHS must undergo three “big shifts” in how it delivers care to ensure a sustainable future, Wes Streeting has said. Speaking at the Financial Times’ Weekend festival in London on Saturday, the UK […]
Martin Lewis advice for pensioners losing heating over winter fuel payment cut | Personal Finance | Finance #UKFinance
CashNews.co Pensioners across the UK are this winter face losing up to £600 of payments thanks to a double whammy of the £300 Winter Fuel Payment cut and £300 Cost of Living payment being axed. Money saving expert Martin Lewis has criticised the move by Chancellor Rachel Reeves to limit Winter Fuel Allowance to only […]
Payments Firms Keep Fighting Fraud Refunds as New Rules Loom – BNN Bloomberg #UKFinance
CashNews.co (Bloomberg) — The UK payments industry is still fighting for changes to fraud-reimbursement rules with just a month to go before they’re enacted, even after a significant U-turn by regulators this week. In an 11th-hour push, the Payments Association wrote to City Minister Tulip Siddiq calling for the maximum reimbursement for victims of authorized-push-payment […]
Labour tax raid could target state pensioners living alone for £390 each | Personal Finance | Finance #UKFinance
CashNews.co Four million state pensioners living alone could risk facing the prospect of a £394 average council tax bill hike under “painful” changes which could be put in place in Labour’s next Budget. There are fears Labour is plotting to smash and grab from single state pensioners by axeing the 25 percent single person council […]