Pocket Money Rises 8% for Kids, Regional Gaps Highlighted
New data shows children received an 8% increase in pocket money in 2025, outpacing inflation, with significant regional variations and insights into popular chores and savings goals.
New data shows children received an 8% increase in pocket money in 2025, outpacing inflation, with significant regional variations and insights into popular chores and savings goals.
Amid a bleak job market for recent graduates, certain sectors and strategies offer hope. Startups, consultancies, and public services reveal where opportunities still exist for young talent.
Nearly one in eight young people aged 16-24 are NEET, risking lifelong economic exclusion. The Milburn review and Reed's three-lane superhighway proposal aim to address this national outrage.
London's recruitment sector faces a critical debate: Should AI systems replace human judgment in hiring? Experts clash over objectivity versus human empathy in employment decisions.
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RecommendedYouth unemployment in the UK has increased, with experts linking it to recent tax rises and wage hikes affecting businesses. The Bank of England warns of economic pressures.
Wall Street giant JP Morgan predicts UK unemployment will rise to 5.5% by late spring 2026, exceeding COVID-19 pandemic levels due to tax policies and AI adoption pressures.
Tamer Zeki, 29, applied for 1,000 data analytics jobs in London with no success, then moved to a remote Austrian town where he and his girlfriend secured jobs within weeks.
Labour's plan to make flexible working the default may burden businesses with legal risks and tribunal appeals, as employers face unclear guidelines and potential compensation claims up to £6,000.
UK job vacancies plummet to lowest level since 2021 with London suffering the biggest drop. Graduate roles fall by nearly 50% as youth unemployment hits highest since 2014.
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RecommendedUK job vacancies fell 3% in January to 695,000, the first drop below 700,000 since 2021, with graduate roles at a record low and youth unemployment rising sharply.
Julie Creffield, a 47-year-old innovation director, shares her story of earning £30,000 in one month, facing £40,000 debt, and using AI to rebuild her finances while prioritizing experiences over material wealth.
UK tradeswomen, up 41% since 2006, are helping domestic abuse survivors feel safer in refuges, as charities shift from male contractors to address trauma triggers.
JD Wetherspoon founder Sir Tim Martin argues that minimum wage increases are reducing living standards by limiting pay rises and hiring, with hospitality sector particularly affected.
HMRC offers tax rebates for employees who wear uniforms at work. Many are unaware they can claim for washing and maintenance costs, with potential refunds up to £2,044.
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RecommendedGrowing fears about AI replacing jobs are causing computer science students to switch majors and white-collar professionals to change careers, with many seeking roles in healthcare, trades, and other fields perceived as automation-resistant.
Family offices, private banks, and sovereign wealth funds are increasingly investing in hedge funds, seeking diversification, higher returns, and risk management amid market volatility.
UK private sector employment declined for the seventeenth consecutive month in February 2026, with services hit hardest. Businesses cite Chancellor Rachel Reeves' tax hikes and wage pressures as key factors dampening hiring.
The UK's rising youth minimum wage is causing employers to hesitate hiring young workers, leading to increased unemployment rates among 18-24 year olds. Political debates intensify as Labour faces internal conflicts over manifesto promises.
The rise of artificial intelligence is exposing power imbalances between employers and employees, creating both fear and opportunity for labor movements worldwide.
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RecommendedMegan Smith Evans transformed her finances using a color-coded calendar system and strict budgeting, paying off £13,000 of debt in just over a year while sharing her journey on TikTok.
A 20-year-old worker questions why they earn less than someone just a few years older, highlighting the unfairness of discretionary age bands in minimum wage policies.
Staff at Tower Hamlets Council's leisure centres are balloting for strikes, citing unsafe working practices and lack of secure contracts since the council took services in-house.
Analysis reveals reducing immigration fails to boost British employment, highlighting urgent need for domestic training and education reforms to address critical skills shortages.
Plans to equalize the minimum wage for young adults may be postponed due to fears that higher employment costs could deter hiring and worsen youth unemployment rates.
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RecommendedThe UK faces a heated debate over minimum wage for young workers, with Labour pushing for equal pay and Reform UK considering cuts to boost employment amid rising youth unemployment rates.
Union membership in the US has increased by 500,000 in 2025, reaching 14.4 million, despite former President Trump's aggressive anti-union policies and rhetoric.
A broadband engineer describes being nearly run over by an angry driver while working. Openreach reports a surge in assaults against engineers, with 700 incidents last year, prompting calls for legal protection.
The Employment Rights Act has introduced sweeping reforms including shorter strike notices, enhanced union protections, and 'day one' paternity leave. Business leaders warn of increased costs and potential job losses ahead of further changes.
Business leaders tout AI as creating shorter workweeks and better balance, but without worker power, gains will flow to owners, leaving most unable to afford AI's dazzling products.
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RecommendedA new phase of employment law changes focused on trade unions takes effect today, including shorter strike notice periods and extended ballot mandates. Further reforms are scheduled for April.