News & Events | WDM - Part 211

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Survey shows employers’ call for focus on key skills in education July 10, 2014

A survey of 291 companies undertaken by the Confederation of British Industry (CBI) has shown a call for the education system to better prepare young people for the world of work. The CBI/Pearson Education and Skills survey asked the companies – who collectively employ nearly 1.5 million people – their concerns and interests in the
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Payday lender complaints double July 10, 2014

According to a recent document published by the Financial Ombudsman, complaints about payday loans have more than doubled in the past two years. The number of such complaints increased from 296 in 2012 to 794 in April 2014, although it is also suspected that many more people would have made complaints but felt powerless to
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Think tank says fall in wages could be worse than reported July 10, 2014

According to the Resolution Foundation, official figures on the fall in real earnings of households may have been underestimated. Data published by the Office for National Statistics (ONS) was analysed by the think tank, which says the ONS report may have overstated real-term household incomes by up to 20%, meaning a much steeper decline. Critical
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Flexible working rights extended to all employees July 4, 2014

key points for employers As from 30 June 2014, all employees are able to request flexible working hours, as new legislation extends to all the same rights previously restricted to carers and those looking after children. The Department for Business, Innovation and Skills has said that 20 million people now have the right to ask
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Banks ‘ready for surge’ as New ISAs come into effect July 4, 2014

The British Bankers’ Association (BBA), which represents the major banks, said that its members are ready if there was a customer “surge” following the changes to ISAs. As from yesterday (Tuesday 1 July) all tax-free ISAs have become New ISAs (NISAs), with the amount that can be saved or invested in them increased to £15,000.
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