UK employees are projected to see their wages rise faster than inflation for the first time since the pandemic, a new report reveals.The 3R Strategy’s Global…
Browsing: national living wage
A strike ballot has been initiated by the Union of Shop, Distributive and Allied Workers (Usdaw) at the KP Snacks site in Leicestershire.The action stems from…
The 2024 Budget has stirred significant responses across the grocery industry.Business rates will see a permanent reduction for retail, but concerns about potential disparities remain.Retail crime…
Chancellor Rachel Reeves’ budget introduces significant cost increases for retailers, primarily due to National Insurance and wage hikes.Retailers are expected to face an additional £2.3 billion…
The UK’s largest supermarkets are set to face a collective £200 million increase in National Insurance contributions due to a two-percentage point hike in employer contributions…
In a significant move, workers aged 21 and over in the UK will see a pay rise as the National Living Wage increases.The wage rate is…
New Look has managed to reduce its pre-tax losses despite facing a significant drop in sales.The company reported a pre-tax loss of £21.7 million, a substantial…
A significant portion of UK workers earning under the real Living Wage face severe financial strain, new research reveals.42% of these workers have less than £10…
Greencore has once again adjusted its profit expectations upward following a robust fourth quarter. Higher-than-expected sales have driven this positive outlook.In the final quarter of 2024,…
Card Factory reported a significant drop in profits despite an increase in sales, attributed to rising costs.The retailer’s pre-tax profits fell by 43%, now standing at…