Inflation

Cost of living crisis erodes employee trust

The ongoing cost of living crisis is causing employees to be less trusting of their employers.

High-earner pay rises threaten inflation spiral

The top 1% of earners in the UK are getting pay rises in line with inflation, while the country's lowest earners are not.

Economic instability prompts recruitment caution

Hiring activity in the UK reached its slowest rate for 17 months as businesses exercise more caution due to economic uncertainty around the economy.

More than a million key worker children to reach poverty in 2023

The number of children living in poverty in key worker households could reach 1.1 million by 2023, according to research from the Trades Union Congress (TUC).

Pay rises peak in cost of living crisis

The median basic pay increase in the three months to the end of June 2022 has remained at 4% for the third consecutive quarter, suggesting pay rises in the UK may have reached their peak.

Next's underpayment of staff risks tribunal action

High street retailer Next has apologised to staff after a payroll error left workers underpaid for five months.

Low paternity pay makes fathers reluctant to take leave

Low paternity pay meant just a third of eligible new fathers took paternity leave in the last year.

Employees using cost of living to leverage better salary

Workers across the UK are using the cost of living crisis to negotiate better pay from their employers.

Salaries failing to increase with inflation

The latest employee earnings data from the Office for National Statistics has revealed pay has stagnated, while the proportion classed as middle-earners remains unchanged.

Cost of living crisis creates side hustle spike

One in five Brits (19%) have started a side hustle, i.e. a job or venture outside of their usual work, since March 2020 in moves potentially fuelled by the rising cost of living.

Rising childcare costs outstrip maternity pay

The UK's childcare costs are the highest in the developed world, yet maternity pay has dipped over the last 12 years.

Majority of Brits worried about cost of living crisis

More than three quarters of the UK are worried about the impact of the ongoing cost of living crisis.