The low pay puzzle

From April, 2.7 million workers will get one of the biggest pay rises in UK history as the National Living Wage rises to £11.44 an hour. But will they feel better off?It's 25 years since the National Minimum Wage was introduced. During that time it's credited with putting billion ...  Show more

The existential threat caused by Artificial Intelligence is a popular theme in science fiction. But more recently it’s started to be taken seriously by governments around the world and the companies developing the technology. Where did this idea come from, and why is so much mone ...  Show more

Wage growth has overtaken inflation for the first time in two years, in a sign that cost of living pressures may now be starting to ease. The Institute for Fiscal Studies has warned, however, that the UK remains stuck in a bind between high inflation and weak economic growth. The ...  Show more

What more will the Chancellor do for households squeezed by the spiraling cost of living? As consumer confidence plummets to its lowest in nearly 50 years, we look at how employers and workers are adapting to high prices and low unemployment. Bloomberg’s Joe Mayes discusses the p ...  Show more

Do you get as much as you give when it comes to your job? We've had some important jobs numbers this week - with official data showing there are more vacancies than there were before covid but, the number is falling, while unemployment is rising. But alongside that, wages are goi ...  Show more

From 6th July, everyone in work will see a cut in the taxes they pay. It's because the level of pay at which National Insurance begins will be raised. Two million people on part-time low pay will not pay any national insurance at all. Ministers say it's a tax cut of 330 pound ...