‘Poor maths skills’ blamed for rising benefits bill, says Santander UK boss
William Vereker, the chairman of Santander UK and a former business envoy under Theresa May, has attributed Britain’s soaring benefits bill and long-term worklessness to weak numeracy and a poor grasp of financial fundamentals. Speaking against the backdrop of a fast-rising
High street job losses climb to 170,000 amid rising tax burdens
The UK’s struggling high street has shed nearly 170,000 retail jobs this year—the biggest annual toll since pandemic lockdowns in 2020—as shops grapple with higher taxes, surging costs and weakening consumer spending. Figures from Altus Group and the Centre for Retail
Happy New Year, the debt limit is here. Get ready for an all-out war over it.
GOP leaders are staring down two bad options to solve President-elect Donald Trump's debt-limit problem, after failing to execute his demand to lift the federal borrowing cap in the last government funding bill. One path requires full buy-in from Republican
Sunseeker insists it ‘deeply values’ workforce despite temporary layoffs
Luxury yacht manufacturer Sunseeker has sought to reassure employees that it “deeply values” their contributions, after the firm announced a series of temporary layoffs affecting production staff in early 2025. The move, prompted by what Sunseeker describes as “cash-flow challenges” linked
Familiar foe Vietnam looms if PHL hurdles Thais
ASEANUTDFC.COMVIETNAM punched its ticket to the finals of the Asean Mitsubishi Electric Cup and stands in the Philippines’ way should the Pinoy footballers take care of business against holder Thailand late Monday.The Vietnamese beat Singapore in the second leg of