30 h. ago NWSL proposes $1m salary cap breach to keep players like Trinity Rodman in US

Proposal meets with resistance from players unionGuardian rankings will be among criteria for exceptionThe NWSL introduced a new “High Impact Player Rule” on Tuesday that allows teams to exceed the salary cap by up to $1m to help attract and retain star players. The rule goes into effect on 1 July 2026.One of the first players who could potentially benefit from the new rule is Washington Spirit forward Trinity Rodman, who reportedly has received lucrative offers from teams in Europe. Continue reading...

Economics

3 w. ago The Clippers’ chaotic unravelling leaves Chris Paul as its most painful casualty

Los Angeles have turned a feelgood reunion into a late-career humiliation for one of their greatest players – and exposed a franchise stumbling into a darker new eraPull out your Los Angeles Clippers bingo cards. Anyone have the square marked “owner and star player accused of skirting the salary cap through improper means”? Go ahead and stamp that one. How about “losing 14 of 16 after a hopeful 3-2 start”? Mark it. And yes, you can fill in “other star averaging nearly 27 a night at age 36 – including a 50-piece against the Detroit Pistons, one of the league’s best teams”. The box reading “Clippers fans tearing out their hair at alarming rates and contemplating shameful, fairweather defections” is probably safe to cross off, pending review. And after the wee-hours media cycle on Wednesday morning, everyone gets to tick the most dispiriting square of all: “beloved, decorated veteran unceremoniously kicked to the curb in his final season”.The Clippers had posted a winning record every ...

Politics

3 w. ago Better off on benefits under Labour: Salary of £71,000 needed to match handouts haul for bigger families after two

Calculations from the Centre for Social Justice have laid bare the impact of Labour's decision to axe the two-child cap.

Economics

3 w. ago I earn £93,000 and salary sacrifice £620 a month in my pension, what will the cap cost me?

In the Budget the Chancellor announced a future restriction on the National Insurance benefit of salary sacrifice pension contributions. Here's what you need to know.

Economics

4 w. ago Reeves has swung a huge sledgehammer that'll wipe £37,000 off your pension

The Chancellor has launched a stealth attack on 'salary sacrifice' company pensions, with a new £2,000 cap on the pension contributions that can be made with tax breaks.

Economics

4 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

4 w. ago What Reeves' devastating pensions raid means for you, the people who will be thousands worse off

The Chancellor has launched a stealth attack on 'salary sacrifice' company pensions, with a new £2,000 cap on the pension contributions that can be made with tax breaks.

Politics

4 w. ago OBR budget leak as list of tax rises and salary sacrifice cap announced by Rachel Reeves

Chancellor Rachel Reeves has revealed her Budget just minutes after it was accidently leaked by the Office for Budget Responsibility moments before her speech today

Economics

4 w. ago Rachel Reeves confirms £2,000 cap on salary sacrifice pensions from April 2029

Rachel Reeves' Budget introduces a £2,000 annual cap on salary sacrifice pension contributions from April 2029, with amounts above this losing National Insurance exemption

Economics

4 w. ago Huge pension salary sacrifice change confirmed in Rachel Reeves' Budget

Rachel Reeves will use her Budget to confirm a new £2,000 yearly cap on how much money can save into your pension through salary sacrifice schemes

Economics