Europe is facing a fresh China shock that threatens to cannibalise local factories, leading to job losses and de facto colonisation of industry by Beijing, trade analysts and representatives have said. They fear the plunging exchange rate and support for Chinese “zombie firms” has echoes of the crisis in the US 25 years ago when … Read more
Any parent who has ever used the UK government’s tax-free childcare system knows what a painful experience it is. Each month when I log into my account, I feel a sense of dread and frustration. Why is something that is such a lifeline for so many parents so difficult to use? The scheme gives working … Read more
Millions of people across Britain are facing a “cliff edge” when they retire due to a chronic shortfall in saving that will require a radical shake-up of the pensions system to fix, a government-backed report has warned. The Pensions Commission said 15 million people were currently not saving adequately for their retirement, and warned this … Read more
Key events Show key events only Please turn on JavaScript to use this feature ‘Real wages on the cusp of shrinking for fourth time since financial crisis’ – thinktank Real wages are on the cusp of shrinking for the fourth time in less than two decades, the Resolution Foundation has warned. The latest ONS data … Read more