For a Chancellor who will soon be tasked with paying the nation’s Covid debts, the latest polling on where Britons think he should find the cash will have made interesting reading. An Ipsos Mori poll suggested 41pc of respondents think Rishi Sunak should hit those with more than £500,000 in net assets […]
Work
Should I work from home? What Boris Johnson’s update means for employers and staff
Workers who can work from home should do so, Prime Minister Boris Johnson has said, in an attempt to curb the recent surge in coronavirus cases. Mr Johnson added that people who are not able to do their job from home, such as those employed in construction and hospitality, should continue […]
the virus made us reinvent our Income Portfolio. Did it work?
We turned our Income Portfolio on a sixpence in the spring when the pandemic led to a series of dividend cancellations and threatened further damage to the income generated by our holdings. Now that several months have passed, let’s look at whether the changes we made then have benefited our […]
We will have to embrace change before return to work
It might also help avoid the sort of monopoly concerns that torpedoed Asda’s attempt to merge with Sainsbury’s in 2018, when petrol forecourt competition was one of the watchdog’s chief objections. While EG Group operates across 4,800 forecourts globally, in the UK it runs a more modest 341 petrol stations. […]
Schroders to allow thousands of staff to work from home in milestone for City
Blue-blooded fund manager Schroders is to allow thousands of staff to permanently work from home in a radical overhaul of its rules, as the City abandons the traditional nine-to-five shift. The FTSE 100 investment business has become the first major London institution to tell workers they will no longer be required to […]
Quarter of a million over-50s ‘will never work again’ after coronavirus
A key problem for older job seekers is that training schemes and apprenticeships tend to be geared towards younger people, the Centre for Ageing Better said. Andy Briggs, the Government’s older workers tsar and chief executive of Phoenix Group, an insurer, said: “It’s also up to employers to clamp down […]
Britain’s biggest businesses will work from home until 2021
Vodafone said that those employees who can work remotely “will continue to do so until the end of 2020” and BP said that the “overwhelming majority” will stay out of the office for the foreseeable future. British American Tobacco said that workers have “managed the transition to working from home […]
The tsunami of redundancies may not work out quite as bad as feared
Unlike in a typical recession, job losses are likely to be concentrated in a few sectors where the constraints of social distancing are greatest. They are also most likely to hit lower-paid workers, particularly the young. That brings its own problems, but it should at least reduce the impact on […]
Prices for holiday childcare could triple this summer as parents called back to work
She added that most of the people in this situation contacting the charity for help were mothers. Women typically earn less than men, meaning that it often makes more financial sense for a mother to quit work to care for children than a father. The cost of 48 weeks of […]
How does the stamp duty holiday work for second homes and buy-to-let purchases?
Since April 2016, anyone buying an additional property – essentially, second homes and buy-to-lets – has had to pay an additional 3 percentage points in stamp duty. The charge applies above the normal stamp duty rates. Now the normal stamp duty rates have been cut, those buying an additional home will also […]