Britain could fall into deflation this week for the first time in more than half a century, the result of an escalating supermarket price war and falling energy prices. Inflation, as measured by the consumer prices index, fell to zero in February for the first time since comparable records...
George Osborne has delivered his sixth Budget as chancellor, and the last of the current Parliament. Here is a summary of the key announcements in his statement. The state of the economy UK grew 2.6% in 2014, faster than any other advanced economy but lower than 3% predicted in...
Holiday Pay – A Summary There are lots of changes in 2014 – so here is a summary: Overtime should be considered when calculating a worker’s holiday pay entitlement but there is currently no case law that suggests voluntary overtime needs to be taken into account. The same principle...
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