7 h. ago Nearly half of US workers believe they need this amount of money to retire comfortably

‘Companies that invest in their employees' financial well-being help transform confidence into concrete outcomes and create lasting value for their teams,’ one expert said

Economics

10 h. ago Workers' pay growth 'barely enough to cover cost of cup of coffee'

Think tank give stark prediction about how a pay rise slowdown could get worse over the next five years

Economics

17 h. ago ‘Dozens’ of Scots manufacturing workers face redundancy as company confirms job losses

DOZENS of skilled workers at a Scots manufacturing firm are facing redundancy after the company confirmed a global restructuring. Up to 30 roles at Convergix Automation Solutions in Arbroath, Angus, are understood to be at risk after Christmas. Bosses say they’re “realigning” with market conditions and are considering redundancies at the Elliot Industrial Estate that...

Economics

35 h. ago Workers warned they could lose over 40 percent of Christmas bonus

Pensions experts warn many employees do not realise bonuses do not escape scot-free

Events

1 week ago Why workers earning £52,000 will be the hardest hit by tax raids

Analysis shows that those on middle incomes are set to be worst hit by Rachel Reeves' plan to charge National Insurance on pension contributions over £2,000 per year.

Economics

1 week ago Why workers earning £52,000 will be worst hit by changes to salary sacrifice from 2029

Analysis shows that those on middle incomes are set to be worst hit by Rachel Reeves' plan to charge National Insurance on pension contributions over £2,000 per year.

Economics

1 week ago Workers who defer state pension for a year risk being hit by a surprise £828 tax bill by 2030

WORKERS who defer their state pension for just a year risk being hit by a surprise £828 tax bill by 2030 owing to a Budget carve-out. The freeze on income thresholds till 2031 led to fears millions would be forced to start paying when pensions pass the £12,750 personal allowance. Chancellor Rachel Reeves has since...

Economics

2 w. ago Five DWP updates from this week workers, pensioners and claimants need to know

In the week Chancellor Rachel Reeves delivered her Budget, there's plenty to get up to date on

Economics

2 w. ago Woman's state pension warning to millennials after calculating grim financial future

A woman who has made just £1,000 in pension contributions and has no savings has warned her fellow millennials about their future after realising how much she'd need to earn to live comfortably post-retirement

Events

2 w. ago Drinkers warned of Guinness Zero drought this Christmas as workers in Belfast go on strike

Around 90 staff at the company's brewery in Belfast will walk out on December 5 with the industrial action running until December 13.

Events

2 w. ago Fears of job losses and lower wages after Reeves' £4.7bn Budget tax raid on pensions

The Chancellor said salary sacrifice contributions, where workers forego wages in return for the money being paid directly into their retirement fund, will be capped at a fraction of their current rate.

Economics

2 w. ago These home workers to lose up to £124 tax break as 300,000 brace for Budget raid

The move will hand the Treasury tens of millions of pounds a year, with higher-rate taxpayers facing a tax increase of up to £124

Economics

2 w. ago Budget crushes salary sacrifice in a blow to pension savers, what will it cost YOU?

Salary sacrifice schemes allow workers to take a supposed 'pay cut', with the money paid into their pension or put towards some other benefit like childcare instead.

Economics

2 w. ago Workers and businesses ‘will feel pain from £2,000 salary sacrifice cap’

Salary-sacrificed pension contributions above an annual £2,000 threshold will no longer be exempt from national insurance from April 2029.

Economics

3 w. ago 'I retrained as a therapist in my 50s': Why older workers are switching careers as state pension age rises

Ruth Gibson, who is in her 50s, left her job in HR at a global pharmaceutical company after 30 years to become a practising therapist.

Economics

3 w. ago How 2.3m workers will face the £100,000 tax trap within four years thanks to frozen thresholds

More people than ever are being caught in the 60 per cent tax trap, which affects those earning between £100,000 and £125,150.

Economics

3 w. ago Starbucks strike expands as more stores join ‘Red Cup Rebellion’

There is no date set for the strike to end and more stores are prepared to join, organizers said

Events

4 w. ago Charity shop worker gets £2 plate valued and hits absolute jackpot

Don't turn your nose up at items found in charity shops – as they could actually make you a fortune! That's exactly what happened in this British thrift store

Economics