Bosses of top British companies will have made more money by teatime on Wednesday than the average UK worker will earn in the entire year, according to an independent analysis of the vast gap in pay between chief executives and everyone else. The chief executives of FTSE 100 companies are paid a median average of…
I started using the London-based car-sharing scheme Zipcar at the beginning of lockdown in March as a way to commute safely, and, initially, rated it highly to friends. Its Flex plan lets you pick up and drop off cars in allocated zones at the end of the trip. I noticed I was being charged for…
When Target Publishing cut staff pay after the first coronavirus lockdown last year, the magazine group knew it had to make a positive gesture to its employees. So it introduced a four-day week. “I felt better in myself that I was able to give something back to match the sacrifice everyone had made,” says Target’s…
UK mortgage approvals have risen to the highest level in 13 years, driven by the government’s stamp duty holiday and buyers reassessing their living situation during the coronavirus pandemic. Figures from the Bank of England showed the number of mortgages approved by banks and building societies for home purchases had leapt to 105,000 in November…
In early November I left my house to find that the front wing of my car had been smashed. Thankfully, a neighbour had left a note on my windscreen. Apparently, a Morrisons delivery van had crashed into my car the previous evening and driven off without stopping. I contacted Morrisons’ customer services later that day,…
The past year was a strange one for household finances: while savings rates plummeted to new lows, and many people saw their incomes slide, those who could keep working often stashed away large amounts of cash. House prices rose and borrowers with big deposits were able to get very cheap mortgages, but lenders’ caution saw…
