Finance News – Minimum Wage
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UK grocery watchdog investigating Amazon over alleged supplier payment delays; company insolvencies...
Rising insolvency rates among businesses in England and Wales highlight ongoing financial strain caused by increasing operational expenses and weak consumer demand, impacting compa...
Read Full Article →Live: Millions await minimum wage decision, with impact on consumer spending and interest rates
The upcoming determination regarding wage levels is expected to influence household expenditures and may also affect borrowing costs within the broader economy.
Read Full Article →BA and Pizza Express among companies that failed to pay minimum wage
Over 60,000 employees were reimbursed a total of £7.4 million following government probes into wage violations by more than 500 companies, highlighting significant financial penalt...
Read Full Article →This UK city once 'clothed the world' - now it faces existential double-threat
Leicester’s historic garment sector, once a major economic driver, has drastically declined due to poor working conditions and changing market demands, significantly impacting the...
Read Full Article →UK inflation jumps higher than expected to 3.5% amid bills increase
The unexpected rise in consumer costs, driven by utility and tax increases along with higher labor expenses, poses challenges for monetary policy and could influence future interes...
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