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Monthly Archives: September 2017
Gender pay gap widens for managers
Female managers in the UK earn close to £12,000 less on average than their male counterparts, new research has found. The gender pay gap for the UK’s 3.3 million managers now stands at 26.8%, according to analysis by the Chartered … Continue reading
EU leaders urged to agree Brexit transition
Prime Minister Theresa May has made her pitch for a ‘smooth and sensible’ Brexit in her speech to EU leaders in Florence. If a successful agreement is reached, she will say, ‘then when this chapter of our European history is … Continue reading
Pay outpaces house prices in many areas
More than half of Britain has seen wages rise faster than house prices in the last 10 years, research by a mortgage lender has suggested. Edinburgh and Birmingham are among the 54% of areas where pay has outpaced property prices … Continue reading
Pound hits highest since Brexit vote on rate rise speech
The pound has hit its highest level against the dollar since the Brexit vote after a senior Bank of England official fuelled speculation it could raise rates in the coming months. The Bank kept rates at 0.25% this week, but hinted … Continue reading
UK manufacturing output picks up in July
The UK’s manufacturing output grew at the fastest pace this year in July, according to official figures. Output rose by 0.5% in the month, the Office for National Statistics (ONS) said, as car production rebounded after declining in June. Recent surveys … Continue reading
Tapered annual allowance could be another trap for high earners
Many pension scheme members who have a tax charge as the result of breaching the tapered annual allowance may not be able to have their bill paid for by the scheme, and instead will have to paid out of their … Continue reading