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IFS warns of biggest squeeze on pay for 70 years over Brexit
Ноябрь 25, 2016
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IFS warns of biggest squeeze on pay for 70 years over Brexit

Workers in Britain face the longest squeeze on their pay for 70 years as Brexit knocks wage growth and stokes inflation, a leading thinktank has said. Picking over Philip Hammond’s first autumn statement, the Institute for Fiscal Studies said that by 2021, real wages in the UK – pay adjusted for inflation –...

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7 месяцев ago
The collapse of the pound since Brexit has cost £1,200,000,000,000
Ноябрь 22, 2016
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The collapse of the pound since Brexit has cost £1,200,000,000,000

The cost of Brexit to UK households has been put at $1.5trillion – that’s £1.2trillion – by an independent report from Credit Suisse. According to the Global Wealth Report, since the vote on June 23, sterling lost 20 per cent of its value. It also means that 400,000 people lost their millionaire status....

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7 месяцев ago
JPMorgan paying £264m to settle Chinese hiring of ‘princelings’ probe
Ноябрь 18, 2016
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JPMorgan paying £264m to settle Chinese hiring of ‘princelings’ probe

US bank JPMorgan Chase has agreed to pay $264m (£212m) to regulators to settle claims it hired the children of well-connected top Chinese officials to win business. The Securities and Exchange Commission (SEC) and the Justice Department launched an investigation in 2013, into the employment of what has been called...

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7 месяцев ago
People are bidding more than £500 for Jeremy Corbyn’s old shoes
Ноябрь 18, 2016
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People are bidding more than £500 for Jeremy Corbyn’s old shoes

Roll up, roll up… Jeremy Corbyn is auctioning off a pair of his shoes for charity. Yes, really. A grandma accidentally text a teen with her thanksgiving plans and now they’re mates And depending on how much you want to get your hands on the pair of brown leather lace ups, you can bid online. Currently, the highest...

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7 месяцев ago
Change would send more money to Florida’s aging schools
Ноябрь 17, 2016
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Change would send more money to Florida’s aging schools

Florida Department of Education officials are looking for ways to funnel more money to the state's aging schools and their growing backlog of deferred maintenance and repairs. On Thursday, they proposed a new formula for doling out money from the Public Education Capital Outlay fund, known as PECO. The change would place...

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7 месяцев ago
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