We’re on top of everything financial this December, and it seems that wages are the word on the street for business new, with these latest headline-hitting features. Plus, news on the rise in state pensions and smart technology for cashing in cheques…
Feature of the week
‘Speed Up Benefits Payments’ To End Hunger | Sky News
A new statement from the Archbishop of Canterbury, Justin Welby, has blamed the lack of living wages paid out by companies as to why so many UK families are currently relying on food-banks. Benefit payments also need to be addressed, stress MPs and Church leaders, in a debate gaining much momentum on social media as to why so many families are struggling in the UK. Check out this feature article of the week for some surprising food bank statistics.
Among the runner ups for feature of the week are these following four pieces also taking up the column inches…
All Holyrood staff to be paid Living Wage | The Scotsman
Following the debates on the need for low income employees to make living wage, comes the news from Scotland that all of their Parliament’s staff are to be paid living wage. The living wage in Scotland comes in at £7.85 an hour; a considerable raise compared to the minimum wage of £6.50 per hour. This is among several case studies of companies trying to set an example for the standard of wage levels – will you be joining them?
Cheque photo payments to be extended | BBC News
In a technology move that looks set to further adapt banking for the digital-age generation, Barclays have extended their new cheque photo payment scheme. All Barclays Premier Account customers are now able to take a photo of a cheque that will be sent electronically to send in the money – combatting figures that say £300m of UK cheques never get paid in. Easy cheque paying-in equals easy money, and more custom for banks.
Now we’ve all had time to digest the events that were the Black Friday and Cyber Monday shopping sales, the figures are out and, as we all suspected, it’s true – more shoppers are going online now than ever before to get their Christmas hauls. But did it manage to break shopping records? See this article to find out if it made history.
Basic state pension set to climb by 2.5 per cent in April | The Independent
The new “Triple Lock Policy” means that the basic state pension is set to rise by 2.5% – which equates to an extra £2.85 a week, bringing in a total of £115.95 per week for pensioners. See this report from The Independent to find out about extra boosts being offered for poorer pensioners, as well as the details on exactly what the Triple Lock Policy is…