The rise in the youth unemployment rate caused by the coronavirus pandemic is terrible news for Britain’s young adults – and could have a lifelong impact on their financial security, wiping out a large portion of their pension benefits. Figures prepared exclusively for Guardian Money reveal how only a few years outside the workforce can…
Tesco has apologised after its grocery website was overwhelmed with shoppers trying to book delivery slots for Christmas. Customers complained they had been forced to join an online queue for hours on Friday morning after Tesco opened bookings for Christmas week for shoppers who had signed up to the supermarket’s delivery subscription service. Proof is…
The coronavirus pandemic is reshaping the labour market, the UK economy and workplace culture. While some industries are thriving, others are barely surviving. Young people will be among the most affected by this shift, with internships cancelled and fewer entry-level jobs available, including for graduates. So how can universities equip graduating students with the skills…
It is, sadly, all too predictable that the “economic research unit” of a bank should suggest that employees working from home should pay more tax, when the lion’s share of savings from this arrangement are in fact made by employers (Staff who work from home after pandemic ‘should pay more tax’, 11 November). While there…
Financially hard-hit US households have knocked £56m from National Grid’s underlying profits for the first half of the year as the company counts the cost of Covid-19. The energy firm, which is also a supplier in the US, said the pandemic wiped a total of £117m from its underlying profits compared with last year. The…
Three has been cutting off customers stranded abroad owing to Covid travel restrictions after they exceeded the the mobile phone company ’s two-month roaming limit. In recent days, Three’s customers as far afield as Australia, Brazil and Sri Lanka, as well as closer to home in Europe have complained that their phone service has been…
