BoE to stress test private credit and equity firms
The Bank of England launches a major stress test on private credit and equity firms, aiming to assess risks to UK financial stability. Discover the implications for the £8.2tn market.
Category : Search result: public vs private sector pay
Victoria Slashes 1,000+ Public Sector Jobs in $4bn Savings Plan
Victoria's Premier announces a major public service overhaul, cutting over 1,000 jobs and merging 29 entities to save $4bn. Read the full details of the state's budget repair plan.
Victoria Plans 10% Public Service Staff Cost Cuts
The Victorian government announces a plan to cut public service staff costs by 10% to save A$1.6 billion. Learn the details and potential impacts of this major austerity measure.
UK Job Losses Accelerate as Major Employers Cut Staff
Private sector job losses surge to 13,500 weekly as major employers including Amazon and Apple implement widespread layoffs. Federal Reserve faces policy dilemma amid rising unemployment and inflation.
NHS Pay Row: Doctor's £100k Salary Sparks Debate
A heated debate on NHS salaries erupts after a consultant calls her £100,000 wage 'pathetic', while a teacher highlights the vast pay gap within the public sector. Share your views.
Reeves' £3bn Pensions Raid in Budget Echoes Brown
Chancellor Rachel Reeves is targeting private pension schemes in a move experts warn could hammer retirement savings. Will this fund the scrapping of the two-child benefit cap? Vote now.
Reeves Plans £3bn Pension Raid on Middle-Class
Chancellor Rachel Reeves targets salary-sacrifice schemes in £3bn pension raid to fund welfare changes. Experts warn of hammer blow to private sector retirement savings.
Section 21 Evictions Banned in England from May
No-fault evictions outlawed in England from next May, but Guardian analysis reveals two-thirds of councils failed to prosecute a single landlord in three years. Will new renters' rights be enforced?
Klarna AI halves staff, boosts pay 60%
Klarna's AI investment has reduced its workforce by nearly half while increasing average employee pay by 60%. Discover how technology is reshaping the buy now, pay later sector.
Walgreens ends holiday pay for hourly workers
Walgreens has cut paid holiday time for hourly staff after a private equity buyout, costing full-time employees hundreds of dollars annually. Discover the full impact.
Australian Defence spends £41k on war games training
Australian taxpayers fund unexpected government purchases including war-gaming boards and Minecraft education. Defence officials justify spending as vital training tools amid rising national debt concerns.
Romania protests: Thousands rally against austerity
Thousands protest in Bucharest demanding higher wages and tax cuts as the government enforces austerity to tackle the EU's high budget deficit. Read the full story.
Australian Public Service Wages Jump 3.4%
New data reveals Australian public servants are enjoying their fastest wage growth in 15 years, outstripping private sector increases and raising questions about economic fairness.
Labour to impose VAT on private school fees
Shadow Education Secretary Lucy Powell confirms Labour will impose 20% VAT on private school fees, generating £1.6bn for state education while sparking fierce debate over educational choice and funding.
Junior Doctors Reject Pay Offer, NHS Strikes Escalate
Health Secretary Wes Streeting accuses junior doctors of holding the country to ransom after they reject inflation-busting pay deal, triggering fresh NHS walkouts that threaten to cripple healthcare services.
Labour workers rights bill could cost NHS billions
Exclusive Treasury assessment warns Keir Starmer's New Deal for Workers may unleash financial chaos across public sector, with NHS, police and fire services facing unsustainable costs from enhanced employment rights.
London business activity hits 13-month high
London's private sector surges with strongest growth in over a year, outpacing national average as business confidence soars across the capital.
US Private Sector Adds 150,000 Jobs in September
Fresh data reveals America's private sector employment continues to grow steadily despite economic headwinds, with services industries leading the charge in September's hiring spree.
Tube strikes cancelled after RMT pay deal agreement
London Underground workers have accepted a groundbreaking pay deal, ending threat of further Tube strikes. The RMT union's agreement brings 5% pay rise and includes major concessions on working conditions.
London Tube workers secure landmark three-year pay deal
RMT union members overwhelmingly accept transformative pay agreement with TfL, ending years of dispute and securing significant wage increases for London Underground staff.
Norway Wealth Fund Rejects Musk's £44bn Tesla Pay Deal
In a dramatic shareholder revolt, Norway's massive sovereign wealth fund has voted against Elon Musk's controversial compensation package, dealing a significant blow to the Tesla CEO ahead of the company's annual meeting.
BBC settles gender pay dispute with female presenter
The BBC has reached a confidential settlement with a female radio presenter in a significant gender pay discrimination case that threatened to expose the corporation's pay practices.
Labour faces public sector productivity crisis in Budget
Chancellor Rachel Reeves confronts Britain's public service productivity puzzle as she prepares her debut Budget, with Treasury analysis revealing stagnant output despite soaring employment costs.
NHS Pay Fury: Unions Threaten Winter Strike Action
Major healthcare unions have rejected the government's proposed 3% pay rise for NHS workers, branding it 'completely inadequate' and threatening coordinated strike action that could cripple health services this winter.
Rachel Reeves accused of hypocrisy over landlord licences
Shadow Chancellor Rachel Reeves accused of double standards after backing campaign against selective landlord licensing in her Leeds constituency while supporting similar schemes nationally.
Labour's landlord licensing plan to transform rental market
Shadow Chancellor Rachel Reeves unveils Labour's radical plan to overhaul private rental sector with mandatory licensing and crackdown on substandard housing.
Rachel Reeves landlord licence questions over rental property
Shadow Chancellor Rachel Reeves under scrutiny for not having mandatory landlord licence for her London rental property, raising questions about Labour's private rental sector policies.
Apple Pay Casinos Revolutionise UK Mobile Gambling
Discover how Apple Pay is transforming the UK's online casino landscape with instant deposits, enhanced security, and exclusive bonuses for British players.
FAA probes near-collisions involving Trump's private jet
Exclusive: Federal Aviation Administration probes two serious air incidents involving Donald Trump's private aircraft at major US airports, raising aviation safety concerns.
UK maternity pay crisis leaves families struggling
New research reveals UK statutory maternity pay leaves families struggling as costs soar. Discover the true financial impact of having a baby in today's economy.
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