Morrisons has become the first supermarket in the UK to pay all employees at least £10 an hour. From April, 92,000 employees will see their pay increased from £9.20 to at least £10.00 -...
HMRC has issued a £28.3m fine to money transfer company, MT Global. The record-breaking fine is and relates to “significant” breaches of money laundering breaches. The company failed to...
The Department for Business, Energy and Industrial Strategy (BEIS) published a list of 139 companies that have been failing to pay staff the minimum wage. On the list are companies such as Tesco,...
A review of the top 50 instant access savings accounts for balances of £5,000, revealed that in October 2020, 56% had restrictions and penalties on savers accessing their money. This number was up from 48% in October...
According to new research posted by personal finance specialists, money.co.uk, some 51% of UK adults got into debt in 2020, with a quarter of that number citing the COVID pandemic as the primary cause of their arrears.