News

minimum wage

News about minimum wage: events, facts and developments on tafs uz.

6 stories

UK Budget: £100 into household accounts, bank tax and abolition of the gas standing charge

Chancellor John Healey presented a first budget aimed at the cost of living: a one-off £100 energy payment, abolition of gas standing charges, extension of the fuel duty cut, rises in the minimum wage and pensions. Opponents criticised the budget for being too cautious. Chancellor John Healey presented the first budget aimed at easing the cost of living: a one-off £100 payment towards energy bills, the scrapping of gas standing charges, an extension of the fuel duty cut, and rises in the minimum wage and pensions. Opponents criticised the budget for being too cautious.

4 min read

British press, 27 October: the budget, the minimum wage and the row over free movement

A round-up of British newspapers on the morning of Tuesday, 27 October 2026, based on BBC News material: expectations for Chancellor John Healey's first budget, reports of a 3.9% rise in the minimum wage, the abolition of the 'cliff-edge' rule in carer's allowance, and cabinet disagreements over the idea of restoring free movement with the EU. A review of the British newspapers on the morning of Tuesday, 27 October 2026, based on BBC News material: expectations ahead of Chancellor John Healey's first budget, reports of a 3.9% rise in the minimum wage, the scrapping of the 'cliff edge' rule in carer's allowance, and disagreements in the cabinet over the idea of returning freedom of movement with the EU.

6 min read

Economist names the best moments to talk about a pay raise

Yuriy Shedko, a professor at the Financial University, advised discussing a raise after a successful project or before the company's budget is approved. According to him, scheduled indexation gives 8–9%, a promotion gives 15–40%, and changing employers gives 10–30% depending on conditions.

2 min read