Squeeze on living standards expected to worsen
Wage growth for this decade could be at its lowest since the 1900s. Many Britons could face a significant drop in living standards as they struggle to keep up with rising living costs. In his recent Autumn Statement, the Chancellor Philip Hammond’s Autumn statement revealed the UK faces a £122 billion black hole. The Resolution […]
What the Autumn Statement means for employers
With changes to national insurance thresholds to a rise in the national living wage, Philip Hammond’s Autumn Statement contained several important changes that employers need to prepare for. Rise in national living wage From April 2017, the national living wage for over-25s will rise 4.2%. This will mean an increase from £7.20 to £7.50 per […]
One in seven care workers on zero- hours contracts
The latest Office for National Statistics figures show a steep rise in the number of care workers on zero-hours contracts. In 2015, the number stood at roughly one in ten. It is now one in seven. Unemployment steady but employment insecure These figures follow the news that in the three months up to August, UK […]