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The overwhelming majority of British workers would not want to see the introduction of a four-day working week if it meant taking a cut to their pay. Eight out of 10 British employees would not favour accepting a reduction in working hours if it resulted in lower wages, according to research by cross-party thinktank, the …

UK business confidence has jumped as firms anticipate the lifting of lockdown restrictions later this month, despite concerns over the rise in Covid-19 infections. A survey by accountancy and business advisory firm BDO found that firms were their most optimistic since 2005 in June. Manufacturing optimism rose sharply, due to improved global economic outlook driven …

Britain’s wealth gap has ballooned during the pandemic with the richest 10% gaining £50,000 on average, dwarfing increases for the poorest third of the population, according to a thinktank report. The Resolution Foundation said wealth had increased during lockdown as a result of a lack of spending opportunities and rising house prices, but the benefits …

Households face the prospect of two rises in car insurance costs over the next six months as more drivers return to the roads. “I see premiums rising over the next few months as we go out of this period of lockdown. There is the potential that consumers are going to increase their mileage because of …

Loyalty is not a good thing when it comes to insuring your house or car. Existing customers are often hit with higher premiums than new applicants. And as a ban on the practice looms, some customers are reporting increases of up to 50% to renew their policies, despite reports of price falls. Research from complaints …