Millions are claiming benefits without ever having to look for work, helping to push the tax burden to hit its highest point since the Second World War.
Walmart is raising wages for thousands of U.S. pharmacists and opticians, the retailer said on Wednesday, part of its broader plan to expand primary care services across the country. The Bentonville, Arkansas-based chain said about 3,700 pharmacists would get a bump in pay starting on Wednesday, bringing their total annual average pay to more than $140,000, excluding bonuses and incentives. More than 4,000 opticians will also receive fatter paychecks, with their average hourly pay rising to more than $22.50 with this investment, Walmart executives wrote in a blog post.
The student loan moratorium has weighed on SoFi stock for nearly two years. Investors are betting that headwind may soon be out of the way thanks to the new debt ceiling deal.
France prides itself on taking its food seriously, but many consumers are now tightening their belts or skimping on quality, hit by a record inflation rate that threatens to serve up another political headache for the government. That followed a near 16% annual increase in food prices - another record - in March. Eight out of 10 French consumers have adapted their food shopping habits in recent months, according to a May 9-10 survey by pollsters Elabe.
Tony Tulathimutte’s writing workshop, Crit, reels in eminent guest speakers and helps launch the careers of new authors
Spending more time together virtually may have had a lasting impact on how we communicate face-to-face and how we connect with people we work with.
SINGAPORE - Media OutReach - 31 May 2023 - A team of four graduate students from Japan's Waseda University clinched top honours at the inaugural Urban Land Institute (ULI) Hines Student Competition Asia Pacific out of 19 participating university teams. The two other finalists were from Vietnam and South Korea. The brainchild of Gerald D. Hines, developer and founder of the Hines real estate organisation, the competition raises interest in urban development among younger generations. Competing st
The Netherlands is set for a major overhaul of its 1.45 trillion euro ($1.6 trillion) private pension industry, Europe's largest, that will see funds ditch the promise of guaranteed benefits as they try to keep a lid on costs. Following years of debate, the Dutch Senate on Tuesday gave its final approval for the shift to a "defined contribution" system, which proponents say will yield better results - though opponents have warned of the extra risks it introduces. Traditionally, Dutch workers and employers pay into private pension funds that promise a final pension at a specific level - an increasingly rare example of a "defined benefit" system.
HMRC was the third most spoofed government body in 2022.
HONG KONG SAR - Media OutReach - 30 May 2023 - Content from two initiatives supported by The Hong Kong Jockey Club through its Charities Trust to promote innovation and technology (I&T) in primary and secondary schools will be adopted and adapted in two Curriculum Modules on Innovation and Technology Education soon to be launched by the Education Bureau (EDB). The initiatives, the Trust-created and funded CoolThink@JC programme and Trust-funded CUHK Jockey Club AI for the Future Project, were cr
With the cost of a private education rising, it is important to give some serious thought to how to save for school fees.
Each year thousands of workers dream of taking an early retirement – after all, who would not want to enjoy their twilight years on a sunny beach in Spain, catching up with reading? Or taking long walks in the Lake District, maybe learning a new language?
It’s easy to take your state pension for granted. But the truth is that after decades of hard work, every year people reach retirement age and then realise that gaps in their National Insurance record mean they are paid much less than expected.
Britons work from home more than any other comparable economy – and it reduces the chances of a pay rise, research suggests.
This year’s university graduates will walk out of their ceremonies and headlong into a mountain of debt, making a high-paying job a necessity if they ever hope to clear it.
Students have lost out to fee increases, lockdowns and lecture strikes, but a university degree can still be a golden ticket to a well-paid job – if you study at the right place.
Inheritance tax is often known as Britain’s most hated charge, but until recently it was only the very wealthy who had to pay it.
OctaFX and Ideas Academy partner once again to advance education in Malaysia. This time, they join forces to digitalise multiple learning centres for refugees and underprivileged students.KUALA LUMPUR, MALAYSIA - Media OutReach - 30 May 2023 - The international broker OctaFX and the educational organisation Ideas Academy have partnered once again. The joint initiative aims to effectively digitalise dozens of learning centres for refugees and underprivileged students in Malaysia to help advance t
The head of investment giant Schroders has warned against meddling after Labour unveiled interventionist plans to dictate how pension funds invest £50bn.
Waitrose has been told by the RSPB to use bird-friendly bricks to build its new housing scheme, as Dame Sharon White comes under pressure to deliver on her plans to cut John Lewis's reliance on retail.
Budgets are being stretched to the extreme this year, with inflation at heights not seen in a generation. The pound in your pocket is now worth much less – which makes it all the more important to make sure that you are getting all the support you are owed.
Thousands of UK retirement schemes should be merged into just half a dozen £400bn superfunds to turbocharge investment in businesses and infrastructure, Sir Tony Blair’s think tank has said.
Most of us have fits and starts on our financial journeys. But in the end, it comes down to “prosaic prudence,” Jonathan Clements, a retirement expert says.
National Insurance (NI) is the tax – that’s not technically a tax in the strictest sense – paid by workers under state pension age to fund the UK’s state benefits, most notable of which is the state pension.
The pension industry says you need £37,000 a year in retirement to be “comfortable”. But what if you really want to enjoy the finer things?