Post Office boss Nick Read ‘obsessed with his pay’, claims former HR director
Jane Davies said chief executive Mr Read had embarked upon a ‘deliberate campaign to defame and ostracise’ her.
FTSE 100 bosses will out-earn the average worker from today
“It doesn’t have to be this way. We need an economy that rewards work – not just wealth", TUC general secretary Paul Nowak said.
Recession looms as UK economy underperforms in last two quarters
“Rishi Sunak failed to beat Liz Truss, he failed to cut waiting lists, he failed to stop the boats and now he has failed to grow the economy", Rachel Reeves said.
Independent inquiry finds no evidence of discrimination in Coutts bank account closures
Coutts closed about 900 accounts over a two-year period, including those of politicians known as politically exposed persons (PEPs).
Energy price cap set to rise to help firms recover £3 billion in debts
Ofgem said it wants companies to use the extra funding to support struggling customers and write off bad debts.
UK set for slower growth next year as economy lags behind G7 peers – OECD
The OECD reduced its forecast UK growth rate for 2024 to 0.7 per cent.
UK inflation drops sharply as PM says pledge has been ‘delivered’
Consumer Prices Index inflation was 4.6 per cent in October, down from 6.7 per cent in September, according to data from the Office for National Statistics.
Bankers bonus cap scrapped in post-Brexit shake-up
The decision will remove the limit on bankers’ annual payouts from the end of October. Current rules limit bonuses to 100 per cent of the salary.
Bank of England preparing to raise interest rates AGAIN
Borrowers are already facing big increases in monthly bills thanks to mortgage rates moving higher.