Economy

Wealthy, educated and working all hours: the rise of the 'super' working class

Wealthy, educated and working all hours: the rise of the 'super' working class

A new social class is emerging of highly paid, well-educated professionals who shun time-off to stay in the office.

 

Also in the news:

Hey, Cable: executive bonuses have already dropped

Hey, Cable: executive bonuses have already dropped

23 April 2014

If Vince Cable were on mastermind, this would be his specialist subject. This morning, he warned FTSE 100 chairmen they face government action on bonuses if they don't cut them.

 
 
UK government borrowing drops to £107.7bn but it isn't as good as it looks

UK government borrowing drops to £107.7bn but it isn't as good as it looks

23 April 2014

The deficit may be down, but total net public sector debt is more than three-quarters of GDP and still rising.

 
 
Retail footfall down over Easter

Retail footfall down over Easter

22 April 2014

Looks like the Easter Bunny wasn't generous with retailers: footfall dropped 1.9%. No amount of chocolate can make up for that...

 
 
10 things we learned this week

10 things we learned this week

17 April 2014

Japan's untold riches, Facebook's high-rolling hiring strategy, Tesco's foray into... Armenia.

 
 
The world is too fixated on China's GDP growth

The world is too fixated on China's GDP growth

16 April 2014

People need to be more concerned about slowing investment and a potential property bubble, but retail spending and rural incomes are filling some of the gap.

 
 
Unemployment rate falls below target but don't expect an interest rate rise any time soon

Unemployment rate falls below target but don't expect an interest rate rise any time soon

16 April 2014

Unemployment has fallen below the Bank of England's original 7% for the first time since 2009.

 
 
Wage rises vs inflation: It's official - we're getting richer

Wage rises vs inflation: It's official - we're getting richer

16 April 2014

The Office for National Statistics published figures this morning showing wages are rising faster than inflation for the first time in six years. It's exciting stuff.

 
 
UK inflation has fallen for the sixth month running

UK inflation has fallen for the sixth month running

15 April 2014

Wages might finally start rising faster than prices too.

 
 
Five charts that show just how bad Ukraine's economy really is

Five charts that show just how bad Ukraine's economy really is

15 April 2014

Ukraine has never quite recovered from its days as part of the Soviet Union. It is still grindingly poor - although its unemployment rate is better than ours...

 
 
Wage rises: we really are finally all getting richer

Wage rises: we really are finally all getting richer

14 April 2014

Average earnings will start rising faster than the cost of living as early as this month, EY reckons.

 
 
Apple and Microsoft have bigger cash piles than the UK and US

Apple and Microsoft have bigger cash piles than the UK and US

11 April 2014

The tech giants are also sitting on more dollar than Canada and oil-flush UAE and Norway.

 
 
10 things we learned this week

10 things we learned this week

11 April 2014

Bling farmers, even more bling travelers and why criminals are helping the economy.

 
 

The MT interview: Gareth Penny

The boss of the world's dominant diamond business

Gareth Penny, De Beers Group CEO, predicts a sparkling return to form

 
 

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