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Gender Pay Gap In UK Still ‘Stubborn’

Gender Pay Gap In UK Still ‘Stubborn’

Female graduates are being paid thousands of pounds less than men in the same job, an equality group is warning.

The UK’s gender pay gap remains “stubborn,” with female graduates often earning as much as £8,000 less than their male counterparts, an equality group has warned.

Women’s educational success is not being carried through to the workplace, with many earning less than men even if they have studied the same subject, the Equality and Human Rights Commission read more

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Card Fee Cap Could Save Businesses £480m

Card Fee Cap Could Save Businesses £480m

The Treasury hopes the change will push prices down for shoppers and encourage more businesses to allow card payments.

Businesses are set to save millions as a cap on credit and debit card transaction fees comes into force.

The EU has imposed a limit on how much card companies can charge retailers to use electronic payment systems.

The Treasury says the cap is designed to push prices down for consumers.

When shoppers in read more

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Mixed reaction to Black Friday

Mixed reaction to Black Friday

HOPPERS lined up waiting for stores to open for Black Friday bargains.

They queued up early outside Marks & Spencer and were quick to search Churchill Square in Brighton looking for a cut-price steal yesterday.

Larger chain stores in Sussex such as Tesco did a brisk trade other town centres were more subdued as shoppers turned to the internet.

The Open Market in Brighton took Black Friday more literally – read more

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Spending Review Today

Spending Review Today

Today is the day when the Chancellor will reveal his plans for Government spending and the nation’s finances.

The spending review sets the amount Government departments will spend – a £4tn budget over the next five years.

Spending reviews were introduced by Gordon Brown in 1998 and the last one was in 2013.

The Autumn Statement details the Government’s general tax and spend plans. It’s not really that much read more

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Black Friday Today

Black Friday Today

Black Friday 2015: UK Shoppers expected to almost DOUBLE their spend on fashion, tech and more.

According to data UK shoppers will double their spending during this year’s Black Friday on 27 November 2015.

The stats, from Emarsys – a global marketing software provider, predict we will be doubling our average spend on the latest fashion items, as well as tech, sports and larger outdoor items – read more

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Heads To Roll As Scandal-Hit VW Names New Boss

Heads To Roll As Scandal-Hit VW Names New Boss

Porsche chief Matthias Mueller is tipped to succeed Martin Winterkorn, who resigned in the midst of VW’s emissions scandal.

Embattled car-maker Volkswagen is set to name its new chief executive today, as it tries to deal with the biggest crisis in its history.

Porsche boss Matthias Mueller is expected to get the nod, replacing Martin Winterkorn, who resigned on Wednesday after it was revealed VW had fitted millions of cars and vans with software which allowed read more

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Volkswagen Sued Over Diesel Emissions Scandal

Volkswagen Sued Over Diesel Emissions Scandal

VW’s boss will meet board members later as the firm is sued by consumers and faces a criminal probe over cheating emissions tests.

A law firm is suing Volkswagen in the US over the “defeat devices” used to fool emissions tests on diesel cars.

Lawyer Robert Clifford said the impact was “massive” and that car buyers had not got what they paid for.

He said people were also affected because of “diminution of value” – read more

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UK GDP Fourth Quarter Figure Reaches 0.7%

UK GDP Fourth Quarter Figure Reaches 0.7%

The Office for National Statistics releases data on the economic output for the last three months of 2013, showing growth at 0.7%.

The British gross domestic product (GDP) figure for the fourth quarter of 2013 stood at 0.7%, with growth for the full year reaching 1.9%.

Output for 2013 reached its fastest annual rate of growth for six years, according to the Office for National Statistics (ONS).

The figures were in keeping with forecasts made by economists and the FTSE read more

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