Money

Providing real support in the cost of living crisis

The cost of living crisis is having a profound impact on individuals across the country.

Companies failing to provide employees with financial wellbeing support

Businesses aren't supplying their workers with the financial wellbeing support programmes they need, according to research from asset management firm Mercer.

Shame stops employees talking about money at work 

A hard-to-shift stigma is stopping UK employees from seeking more support with money in the workplace, despite employers ramping their financial wellbeing efforts. The cost-of-living crisis is a...

Employers criticised for keeping coronavirus support money

Greencore, John Lewis Partnership and WH Smith have joined a list of companies facing criticism for reaping financial reward during the pandemic, yet not repaying money secured from the government for...

Over 200 employers named and shamed for paying below minimum wage

Branches of Waterstones and Matalan are among 208 businesses called out by the government this week for failing to pay employees the minimum wage between 2014 and 2019.

Social care tax disproportionately affects low-income workers

National Insurance contributions will rise by 1.25% to pay for England's social care system.

Pay rises plateau as road to recovery continues

Pay rises have stabilised at 1.5% after falling to zero in 2020 amid the COVID-19 pandemic.

Pensions still number one employee benefit

The COVID-19 pandemic may have made wellbeing and flexible working more important to employees, but pensions have remained the most in-demand employee benefit.

Employees reluctant to discuss financial worries

Employers must tackle the stigma around talking about money concerns at work and create employee benefits packages that improve the financial wellbeing of the workforce

25 million affected by money worries at work

Almost all UK employees (94%) have money worries, with 77% saying it affects them at work, according to research from Close Brothers Asset Management