Employment NEWS

Accountants to be edged out by robots, says DB CEO

Deutsche Bank chief executive John Cryan says work now done by qualified accountants could soon be carried out by robots. Cryan told a Frankfurt gathering: “In our bank we have people doing work … Continue reading “Accountants to be edged out by robots, says DB CEO”


Gender pay gap reporting comes into force in the UK

Thousands of UK companies are now required to publish their gender pay gap figures, as the country becomes one of the first to introduce mandatory gender pay gap reporting. Under new rules that … Continue reading “Gender pay gap reporting comes into force in the UK”


Asda offers higher pay rate for flexible contract

Asda is offering its staff a new flexible contract paying £1 per hour over the Government’s National Living Wage increase which takes effect next month. The UK’s third-biggest supermarket chain said on Monday … Continue reading “Asda offers higher pay rate for flexible contract”


UK Chancellor raises NI rate for self-employed

  A rise in Class 4 national insurance contributions (NICs) paid by self-employed people was amongst the measures announced by Chancellor Philip Hammond in the Budget on Wednesday. Hammond said that the rate … Continue reading “UK Chancellor raises NI rate for self-employed”


UK faces worst income squeeze for 60 years

With the UK continuing to make slow progress in recovering from the financial crisis, household incomes will not grow at all for the next two years, according to a report published on Thursday. … Continue reading “UK faces worst income squeeze for 60 years”


More than 350 UK firms ‘named and shamed’ over low pay

Hundreds of companies in the UK have been paying staff below the national minimum wage or the national living wage, the UK Government revealed on Wednesday. Debenhams, Subway, Lloyds Pharmacy and the Co-op … Continue reading “More than 350 UK firms ‘named and shamed’ over low pay”


UK unemployment down, wage growth up

UK unemployment has continued to fall, according to new figures from the Office for National Statistics (ONS). The ONS said on Wednesday that unemployment fell by 52,000 to 1.6 million in the three … Continue reading “UK unemployment down, wage growth up”


UK inflation hits 1.6%

Higher air fares and food prices in December helped drive UK inflation to its highest rate for two-and-a-half years. The Office for National Statistics (ONS) said on Friday that the Consumer Prices Index … Continue reading “UK inflation hits 1.6%”


Wage inequality for men has risen, study finds

In the past 20 years there has been a fourfold increase in the number of men in low-paid part-time work, according to a new report from the Institute for Fiscal Studies (IFS). The … Continue reading “Wage inequality for men has risen, study finds”


Top UK bosses have already clocked up average annual UK salary

By lunchtime on 4 January, top bosses at UK firms had made more money than the average UK worker earns in an entire year, according to the High Pay Centre. The independent think … Continue reading “Top UK bosses have already clocked up average annual UK salary”


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