Geneva will introduce ‘the world’s highest minimum wage’ of £41,430 a year – around £3,500 a month – after two-thirds backed it in referendum Swiss city held a referendum across the voter population of around 500,000 New wage, which equates to around £19.50 an hour, introduced from October 17 The alterations had been rejected by … Read more
Planned rise in living wage could be shelved as UK firms face slump after coronavirus lockdown Minimum pay rate had been expected to rise by 5.6% to £9.21 per hour next April The Low Pay Commission is considering recommending a smaller increase It is because of concerns that it could be ‘unaffordable’ at a time … Read more
Planned rise in minimum wage to £9.21 per hour is set to be scrapped because UK ‘can’t afford it’ after coronavirus pandemic The living wage was expected to rise from £8.72 to to £9.21 per hour in April However, Chancellor Rishi Sunak could be forced to pull back on the plan Low Pay Commission has … Read more
An army of microscopic robots thinner than a human hair have been created that can be injected into the body to wage war on disease, researchers claim. It resembles the plot of sixties film Fantastic Voyage in which a vehicle was injected into a patient. Scientists inside destroyed his blood clot – with a laser … Read more
Is the state pension ‘triple lock’ about to be AXED? Treasury considers suspending policy amid fears payments could rise 20% next year due to furlough distorting wage figures Triple-lock links pensions increases to highest of inflation, earnings or 2.5% But wages have been affected by furlough and experts predict a 2021 surge Move would prove highly contentious … Read more
Ladbrokes Coral owner GVC sparks backlash after it hands top bosses share bonuses despite furloughing all 14,000 staff at its betting shops By Jamie Nimmo, Financial Mail On Sunday Published: 21:53 BST, 13 June 2020 | Updated: 21:53 BST, 13 June 2020 Ladbrokes Coral owner GVC has sparked a backlash after it handed top bosses … Read more
Chelsea players to agree 10 per cent wage cut after Cesar Azpilicueta ‘sent WhatsApp message on behalf of the group’ following strong agreement among club’s stars By Dan Ripley for MailOnline Published: 16:56 BST, 19 April 2020 | Updated: 17:54 BST, 19 April 2020 Chelsea players have agreed to take a 10 per cent pay cut … Read more
Southampton become first Premier League club to agree to wage deferrals as players, manager and coaching staff agree to forgo part of their salaries for three months Southampton are the first Premier League club to agree a wage deferral plan Players will give up parts of their salaries for April, May and June to help … Read more
2020 OLYMPIC GAMES The 2020 Olympic Games has been postponed until 2021 on March 24 – becoming one of the last major sporting events this summer to fall victim to the coronavirus. Japanese prime minister Shinzo Abe held a crucial conference call with Olympics chief Thomas Bach on Tuesday to formally decide a plan and … Read more
‘Don’t just pick on footballers’: Gary Lineker insists he has spoken to players ‘desperate’ to help contribute to coronavirus crisis amid criticism Top-flight footballers are facing criticism over their lack of action amid the crisis Health secretary Matt Hancock took a dig at players over not taking pay cuts Former striker Gary Lineker has hit … Read more