UK wage growth is increasingly lagging behind rising inflation, with real earnings in December 2021 1.2 percent lower than a year earlier, the ONS statistics office said today.more
British employers expect to raise staff pay by the most in at least nine years but the 3% wage deals for workers would still be below fast-rising inflation, according to a survey published on Monday.more
The UK tax authority is facing “new and challenging risks” policing changes to the rules governing payment of contractors in the private sector, according to a report by the independent public spending watchdog.more
Half of Poles living in relationships believe that all expenses should be incurred jointly, and approx. 41% that it is the man who should bear the greatest financial burden - according to the study of the National Debt Register of the Economic Information Bureau.more
Ireland's armed forces are unable to adequately defend the country even in the event of aggression by conventional means, a report published Wednesday said. It called for a radical overhaul of the Defense Force.more
The billion-year-old Enigma, the largest ever polished black diamond, has been sold for £3.16 million at an online auction held by London house Sotheby's.more
Higher costs, more paperwork and delays at borders were the "only detectable impact" of Brexit on British businesses so far, according to a report published yesterday by Parliament's public accounts committee.more
One of Spain's most popular streamers Xokas has warned the government that if it continues to raise taxes, he will start paying them in Andorra, where they are much lower. At least 10 other well-known Spanish youtubers have emigrated to Andorra due to increasing fiscal pressure in the country.more
The total burden of PIT and social insurance premiums in the case of teachers who received money for overtime for January could reach up to 90% of gross pay. A person who was supposed to get extra salary of about PLN 750 received PLN 16 - writes "Dziennik Gazeta Prawna".more
Rishi Sunak has warned households suffering from Britain’s worsening cost of living crisis to brace themselves for further increases in energy costs later this year, as critics said his £9bn emergency package was insufficient to prevent millions more struggling with fuel poverty.more
Most UK households will get a £ 350 discount to moderate rising energy costs, Finance Minister Rishi Sunak announced today, in response to a 54% increase in the maximum energy price ceiling.more
The recovery of the UK service sector regained momentum last month as Omicron coronavirus restrictions and case numbers eased back, according to new figures.more
The Bank of England (BoE) today raised its main interest rate from 0.25 percent to 0.5 percent in response to rising inflation in the United Kingdom. This is the second interest rate hike in a row.more
The UK government yesterday unveiled its long-announced strategy for equalizing development and life chances between different parts of the country. This was a major promise made by Prime Minister Boris Johnson after the recent House of Commons elections in 2019.more
The UK will provide £88 million in aid to Ukraine to support stable governance and energy independence, the British government announced last night, on the eve of Prime Minister Boris Johnson's visit to Kiev.more
The increase in UK social security contributions planned from April to be allocated to the NHS will take place, once again Prime Minister Boris Johnson and Finance Minister Rishi Sunak made clear.more
U.S. officials fear that because British authorities have tolerated money from shady sources flowing into London for years, they will not be able to impose effective sanctions on Russian President Vladimir Putin, The Times writes today.more