Entries by Ian Johnson

Wage hike adds to the challenges

More than three million workers will receive a pay boost after the chancellor confirmed the National Living Wage will increase from £11.44 to £12.21 an hour from April 2025. The 6.7 per cent rise – which is worth £1,400 a year for an eligible full-time worker – was described by the Labour government as a […]

Confidence down as fears grow

Business confidence fell for the first time in a year as tax fears hit a joint record high ahead of the Autumn Budget, a survey of 1,000 UK business leaders has revealed. Sentiment tracked by ICAEW’s Business Confidence Monitor (BCM) – one of the largest and most comprehensive quarterly surveys of UK business activity – […]