Category : Search result: minimum wage increase


Hotel Profits Fall as Costs Rise in UK and London

UK hotels face a profit squeeze as rising costs outpace increased demand and room rates. Experts warn of challenges from wage hikes and frozen tax thresholds. Read the full analysis.

M&B profits jump 20% amid £130m cost pressures

Mitchells & Butlers reports strong £2.7bn revenue and 20% profit growth while facing £130m cost pressures from wage hikes and inflation. Discover how pub giants navigate economic challenges.

DWP Benefits Rise: Universal Credit & PIP Increase

Chancellor Rachel Reeves unveils a £15 billion benefits boost, raising Universal Credit, PIP, and child benefits while scrapping the controversial two-child cap. Find out how this affects you.

Reeves' Budget Tackles Living Costs and £20bn Gap

Chancellor Rachel Reeves unveils a budget targeting the cost of living crisis with minimum wage rises and tax changes, while facing a £20bn shortfall and party discontent. Discover the key measures.

Minimum Wage Increase to £10.85 Announced

The UK government has announced a significant increase to the National Minimum Wage, rising to £10.85 an hour for 18-20 year olds. Discover how this impacts 2.7 million workers.

Australia Sets World First Minimum Pay for Gig Drivers

Australia's food delivery giants DoorDash and Uber Eats partner with Transport Workers' Union to establish minimum hourly wage and accident insurance for drivers in landmark deal awaiting Fair Work Commission approval.

UK to Name and Shame Minimum Wage Cheats

The government is launching a new 'name and shame' scheme for employers who breach minimum wage laws, protecting 42,000 vulnerable workers. Discover the full Budget details.

65 London firms named for minimum wage breaches

UK government reveals 65 London businesses fined for underpaying staff, with Adecco UK owing £436,877 to 3,356 workers. Discover which companies failed to pay minimum wage.

Dentist warns of DIY teeth pulling over rent hike

A Chelsea dentist fears a proposed 200% council rent increase will force his practice to stop NHS work, leaving residents to 'pull their own teeth out'. The council argues it must get a 'reasonable return for taxpayers'.

UK Jobs Data Fuels December Rate Cut Hopes

UK unemployment jumps to 5%, sparking expectations of a Bank of England interest rate cut in December. Discover how this impacts gilt markets and the economy.

UK unemployment hits four-year high of 5%

UK unemployment rate surges to 5%, the highest level since February 2021. Payroll numbers fall as wage growth slows. What this means for the economy and interest rates.

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