Treasury set to tighten up pay later schemes

The federal government has set out plans to clamp down on purchase now, pay later schemes, after considerations that some individuals are borrowing greater than they will afford to repay. Lenders will should be accredited by the Monetary Conduct Authority and required to hold out affordability checks on clients, who will be capable of take…

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Union rejects ‘dreadful’ pay deal as Lynch promises to prolong strike misery

The largest rail staff’ union has rejected what the Transport Secretary has described because the “finest and closing gives” geared toward resolving the long-running disputes over pay, jobs and situations. Mark Harper described the transfer by the Rail, Maritime and Transport union (RMT) to reject the proposals from Community Rail and the practice working corporations…

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Workplace flexibility is essential to offset Rishi Sunak’s childcare reform U-turn

Companies should enhance office fluidity if they’re to emotionally and financially assist workers by way of rising childcare prices. Prime Minister Rishi Sunak has indefinitely shelved plans for an overhaul of the UK’s childcare system, initially proposed by his predecessor Liz Truss. The previous Prime Minister’s invoice concerned scrapping necessary staff-child ratios in an try…

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UK watchdog to review inflation-busting rises on mobile and broadband bills

The UK telecoms regulator has launched an investigation into the industry-wide apply of hitting broadband and cellular prospects with inflation-busting worth rises of as much as 17% and will usher in more durable protections in opposition to hefty mid-contract will increase. Ofcom, which in December launched a separate investigation into the gross sales techniques utilized…

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