Tags: wages

UK labour market contracts amidst Brexit uncertainty

  Wages are continuing to rise at their highest level for nearly a decade, the latest official Office for National Statistics figures published today show. However the evidence points to a steadily contracting labour market. Average weekly earnings, excluding bonuses, went up by 3.3 per cent in the three months to October, the biggest rise…

Edinburgh is best for disposable income while Birmingham is worst

The fact that London tends to be a rip-off is well know. It tends to be an enjoyable rip-off, but it is a rip-off all the same. The argument goes that despite the eye-watering costs for, well, everything, the higher wages on offer in the capital more than makes up it. This is of course false, a new study has found that London is far from being the best place in the nation for disposable income.

Over half of all employers (54 percent) say the new National Living Wage (NLW) will have an effect on their wage bill, with three in ten of those organisations that will be affected by the new higher wage floor planning to raise productivity in response. This is according to a new survey published today by the CIPD and the Resolution Foundation (RF).