Straits Times Index
3,132.53 +17.45 (+0.56%) Nikkei
25,937.21 -484.84 (-1.83%) Hang Seng
17,222.83 +56.96 (+0.33%) FTSE 100
6,927.50 +45.91 (+0.67%)
BusinessReutersUK retailer Currys raises staff pay for third time in 13 months
British electricals retailer Currys said on Friday it was raising hourly pay rates for a third time in 13 months as competition heats up to attract and retain staff in a tight labour market amid a worsening cost of living crunch. The group, previously known as Dixons Carphone, said that from Oct. 30 hourly paid staff across the UK would get a minimum rate of 10.35 pounds ($11.57), up 3.5%. Currys said that over the last 13 months, it had increased UK minimum hourly rates by 15.6%.
BusinessYahoo Finance UKHow four days of market chaos has impacted UK household finances
How pensions, mortgages and energy bills are affected by the market's wild ride.
NewsThe Telegraph60pc of people risk not having enough in their pension pots when they retire, MPs warn
The Government’s auto-enrolment pension scheme has not done enough to prevent a looming retirement crisis, MPs have warned, with more than 60pc of workers still at risk of having too little to live off in their old age.
