August 2013 Archive

Economy getting greyer

Older people now make up a far higher percentage of the workforce. Image:Thinkstock

Older people's employment rate is higher than before the recession, a new official report shows.

TUC warns ending of S2P will leave workers £29pw worse off

Millions may be worse off from the pension changes

The TUC has warned that millions of people will be financially worse off after the government rolls out a series of pension changes

UK pensioners plan to sell homes to fund retirement

Two million pensioners are planning to sell off their family home

Two million pensioners are planning to sell off their family home in order to fund retirement, says new research by Prudential.

One in five pensioners plan to carry on working

Potential retirees are having to make difficult choices

A new study reveals that almost 20 per cent of over 65's have no idea when they will retire and nearly one in five plan to sell their home to fund retirement.

Unequal bonus payments fuel gender pay gap

New research reveals the gender pay gap is rising

New research shows that the gender pay gap is growing heightened by men receiving double the bonus for the same job than female equivalent workers.

Zero-hours contracts used mainly for lower paid workers

The majority of workers employed on zero-hours contracts are young

New research has found that is it mainly lower paid workers who are on zero-hours contracts as employers take advantage of the flexibility they give.

Civil servants get tax breaks paid for by taxpayers

UK taxpayers are picking up the tab for some civil servants tax perks

An investigation by a newspaper has found that taxpayers are picking up the tab for some tax perks given to the most senior civil servants in the country.

Unemployment falls by 4,000 to 2.51 million

Unemployment fell by 4,000 in the three months ending June 2013

Unemployment fell slightly in the quarter ending in June 2013, down 4,000 to 2.51 million with the rate remaining at 7.8%, according to the latest official figures from the Office for National Statistics.

CIPD reports increased recruitment plans for UK firms

Job prospects on the rise, according to the CIPD

The Chartered Institute of Personnel and Development found that its members expect to hire more in the next three months in a further sign that business confidence is improving.

UK salaries stagnate and fall into Europe's bottom four

Wages in the UK have fallen at one of the fastest rates across the EU

Wages in the UK have fallen at one of the fastest rates across the entire European Union, even though Germany and France enjoyed nice rises.

HMRC slammed as only one of 20 tax cheats caught

HMRC has been criticised by Labour for it's tax evasion project

Only one of the 20 most-wanted fraudsters and tax evaders in the UK has actually been caught, according to the HMRC.

Job vacancies rise as demand for skilled staff surges

Job vacancies are on the rise, according to a new report

A new report shows that demand for both permanent and temporary staff is at its highest level for more than two years and starting salaries are also on the rise.

Are zero-hour contracts unfair or part of a flexible workforce?

New research suggest 19% of firms hire people on a zero-hours contract

New research by the Chartered Institute of Personnel and Development suggests the number of people employed on zero-hours contracts could be four times higher than official figures suggest.

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