Two-thirds of Brits don’t think they will ever land their ‘dream job’

Nearly nine in 10 Brits aren't working in their 'dream job'. A study of 2,000 employees found 85 per cent are working in a position which isn't ideal for them. And nearly two-thirds don’t think they will ever land their 'dream job'. Millennials are the most optimistic generation, as 64 per cent of 18-35s think they will be in the perfect role in an average of six years from now. Despite four in five saying they enjoy their current role,...

No deal Brexit would be catastrophic blow to British auto industry

Three quarters of UK automotive businesses fear a ‘no-deal’ Brexit will threaten their future viability, according to a new member survey announced by the Society of Motor Manufacturers and Traders (SMMT) at its 102nd annual dinner in London this evening. The results highlight the critical need for a Brexit withdrawal deal and transition to prevent the industry falling off the cliff-edge on March 29 when the UK leaves its largest and closest trading partner, the EU. 74.1% of companies with UK...

Lower wages for young people is “out-and-out discrimination”

The Government has accepted the LPC's recommendations for future minimum wage rates. The rates below will apply from 1 April 2019. Responding to today’s Low Pay Commission report on wages, Young Women’s Trust chief executive Dr Carole Easton OBE said:“The Government should go further than adopting the Low Pay Commission’s recommendations and extend the ‘national living wage’ to all workers. Allowing employers to pay young people lower wages for no other reason than their age, as the Government is doing,...

“Cold-hearted” Conservative Minister washes hands of Bombardier job losses

These job losses, on top of those at Cammell Laird and the announced closure of Appledore, show this Government’s industrial strategy is in tatters says GMBUnion GMB, the union for Bombardier workers, has criticised a Government Minister for ‘washing his hands’ of bombardier job losses. Richard Harrington, Minsters for Business, Energy, Innovation and Strategy, said "Bombardier is a private company and the Government has no role it's commercial decisions..." in Parliament today. Bombardier yesterday announced 490 job cuts in Northern Ireland...

‘Obscene’ – Bet365 founder paid herself a whopping £265m in 2017

Denise Coates, the multibillionaire founder and boss of gambling firm Bet365, paid herself £265m last year. This is a record-breaking pay deal for a chief executive of a British company. Denise's pay is over 9,500 times the average UK salary, and 1,300 times that paid to Theresa May. Luke Hildyard, a director of the High Pay Centre, said: “Why does someone who is already a billionaire need to take such an obscene amount of money out of their company? It...

House price crash in UK with south seeing biggest fall, due to Brexit uncertainty

Biggest November drop since 2012, with former hotspots hit hardest, says Rightmove The richest parts of the UK are feeling the brunt of the fall in property prices, according to website Rightmove. It is the biggest drop since November 2012. House prices have dipped over £5,000 on average. The biggest falls were in London, where the typical asking price fell by £10,793 (a fall of 1.7%) and in the south-east of England, where prices were down £8,647 (2.1%). “Higher-end, former...

Pound plummets amid cabinet resignations as May battles to save Brexit deal

The pound is plummeting after Dominic Raab, and three other prominent Ministers resigned the morning, following May's Brexit deal with the EU. The prospect of a 'no deal' Brexit is rising and the Pound is falling. The Pound-to-Euro exchange rate is quoted at 1.1334, the Pound-to-Dollar exchange rate at 1.2786. We are seeing huge +1% losses against the Australian and New Zealand Dollars. Commenting on the fall in Sterling following the resignation of Dominic Raab, Secretary of State for Exiting...

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