Government May U-Turn on Youth Minimum Wage Pledge
Labour ministers are reportedly weighing whether to delay plans to align minimum wage rates for 18-20 year olds with older workers as youth joblessness hits an 11-year high of 740,000.
Labour ministers are reportedly weighing whether to delay plans to align minimum wage rates for 18-20 year olds with older workers as youth joblessness hits an 11-year high of 740,000.
New research reveals pubs are fertile ground for entrepreneurship, with a third of young Brits developing business concepts over pints while pubs face economic challenges.
A recap of major financial trends, market shifts, and expert analysis highlighted in FN's trading newsletter during its inaugural month, offering crucial insights for investors.
Highguard's website has been offline for over 17 hours, raising shutdown concerns. The developer cites transfer and simplification needs, while Tencent's financial backing is revealed.
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Partners at BDO UK and Ireland have voted to approve a £1.1 billion merger, creating a major accounting firm with over 7,500 staff and 17 offices across the region.
Scotch whisky exports to the US fell 4% in value and 9% in volume in 2025 due to Trump tariffs, but India's market grew 15% to £286m. A UK-India trade deal cutting tariffs from 150% to 75% from April could boost Scotch's share in India from 3% to 6%, addi
Young jobseekers face grueling recruitment processes for minimum wage positions, from marshmallow tower challenges to unpaid trial shifts, as unemployment hits five-year highs.
As Meta smart glasses sales surge to 7 million units in 2025, workplaces face urgent questions about recording, identification, and data privacy without clear governance frameworks.
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Unemployment for 18-24 year olds reaches 14%, highest in nearly 11 years excluding Covid. Ministers may abandon Labour's pledge to equalise minimum wage rates for young workers, citing business concerns.
Glencore will distribute $2 billion to shareholders despite a 6% drop in annual profits and the collapse of a $260 billion merger with Rio Tinto, focusing on copper expansion.
Major automakers including Mazda, Nissan, and Subaru risk multimillion-dollar penalties after failing to meet Australia's new vehicle efficiency standards, with data showing 40 companies exceeded targets while 19 fell short.
UK carmakers secure relief from the FCA's £11bn motor finance redress scheme after intense lobbying, with captive lenders avoiding the full brunt of costs amid industry backlash.
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RecommendedLloyds Banking Group has raised bonuses for its top investment banking staff by 24%, reflecting strong performance and competitive pressures in the sector.
UK inflation eased to 3% in January, its lowest level in nearly a year, driven by falling petrol and food prices. The decline strengthens expectations for a Bank of England interest rate cut in March.
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Official data shows UK inflation fell to 3% in January, the lowest since March last year, increasing the likelihood of an interest rate cut by the Bank of England in March.
UK inflation fell to 3% in January 2026, a year-low, driven by lower petrol and food prices. This fuels hopes for Bank of England interest rate cuts amid rising unemployment.
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A Transport for London Facebook ad has been banned by the ASA for perpetuating harmful racial stereotypes about black men as perpetrators of threatening behaviour.
UK inflation fell to 3% in January, the lowest since March 2025, fueling expectations of an early Bank of England interest rate cut amid slow economic growth and rising unemployment.
UK inflation data for January is due, with economists predicting a drop to 3%, the lowest since March 2025. This easing follows a December rise, though prices continue to increase at a slower rate.
Donald Trump and Japan's Prime Minister Sanae Takaichi announce major investments in US oil, gas, and critical minerals projects, aiming to reduce reliance on foreign sources amid tensions with China.
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RecommendedNigel Farage calls for nationwide 'attitudinal change' on remote work amid UK productivity concerns. Experts debate whether office presence truly boosts output or if flexibility is key.
China Media Group's 2026 Spring Festival Gala featured a humanoid robot performance, drawing both admiration and unease from viewers over rapid AI development.
Humanoid robots performed martial arts and dance at China's Spring Festival Gala, showcasing advanced AI but raising questions about technological prowess versus state messaging.
Global tech leaders gather in Delhi for AI summit as Modi positions India as hub for global south, while campaigners warn of AI surveillance risks in elections.
Financial Conduct Authority CEO Nikhil Rathi reveals regulator will rely on existing frameworks like Consumer Duty rather than creating new rules, aiming to speed up responses to market failures and technological changes like AI.
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RecommendedMajor fintech firms Zilch and Thought Machine express doubts that the Treasury's three-year stamp duty holiday alone will persuade them to list in London, despite government efforts to boost the UK's capital markets.