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CBI urges UK businesses to adopt ‘readily available technologies’ November 15, 2017

In a new report, the Confederation of British Industry (CBI) has urged UK businesses to adopt ‘tried and tested’ technologies in order to help reduce inequality between productivity and pay. The CBI argued that the adoption of technologies by UK firms could add more than £100 billion to the UK economy, and could potentially support
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Bank of England survey indicates pay growth set to surge in 2018 November 15, 2017

A survey carried out by the Bank of England (BoE) has indicated that wage growth is set to accelerate in 2018 as businesses begin to increase wages amid recruitment difficulties. The survey, which polled 700 UK firms, found that many are finding it ‘increasingly difficult’ to recruit new staff members. As a result, pay settlements
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Chancellor urged to remove age-related tax inequalities in Autumn Budget November 15, 2017

In a new report, think tank the Resolution Foundation has urged Chancellor Philip Hammond to tackle age-related tax inequalities in the upcoming Autumn Budget. The Resolution Foundation has called for Mr Hammond to unfreeze working-age benefits in 2018 to help raise living standards for young families. It also stated that, rather than adding new age-related
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Chancellor ‘may have to abandon deficit target’ in upcoming Budget, IFS states November 1, 2017

In a new report, the Institute for Fiscal Studies (IFS) has stated that Chancellor Philip Hammond may be required to abandon his target for eliminating the deficit if he is to increase spending on public services. The government has stated its intention to move public finances into surplus by the mid-2020s, with the Treasury reaffirming
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TUC finds ‘market volatility’ could cost pension savers November 1, 2017

A study commissioned by the Trades Union Congress (TUC) has revealed that volatility in the pensions market could cause those saving for retirement to lose up to £5,000 in their annual pension payments. The Pensions Policy Institute (PPI) analysed historic investment returns on behalf of the TUC, and found that the size of an individual’s
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