People with higher incomes are ‘prouder, more confident and less afraid’, according to ‘the most comprehensive analysis to date’. Researchers in the US and Singapore analysed income data and questionnaire results of 1.6 million people in 162 countries, including the US, the UK, Ireland, Australia, Germany, France and Japan. Higher income predicted whether people felt … Read more
Is Rishi Sunak planning a stealth raid on incomes? Chancellor looks at freezing allowances and scrapping increases to pay thresholds in next month’s Budget Chancellor believed to be considering freezing personal income tax allowances Looking at axing planned increases to the £12,500 and £50,000 thresholds Move would mean tens of millions paying more and bring … Read more
Coronavirus crisis triggers 4.5% fall in working-age household incomes – their worst drop since 70s By Daily Mail City & Finance Reporter Published: 21:51 BST, 20 July 2020 | Updated: 21:51 BST, 20 July 2020 The coronavirus crisis has triggered a 4.5% fall in working-age household incomes Working-age households have suffered the worst income shock … Read more
The stark divide between the fortunes of the public and private sectors during coronavirus was underlined by new figures today. Public sector pay is surging during the crisis while private workers see their incomes plunge – and the gap is getting wider. The gulf reflects the fact that state employees have escaped the wave of … Read more
Trojan Global Income’s boss sensed turmoil ahead before coronavirus pandemic hit By Jeff Prestridge, Financial Mail on Sunday Published: 21:58 BST, 16 May 2020 | Updated: 21:58 BST, 16 May 2020 Investment house Troy Asset Management, established 20 years ago by Lord Weinstock, is a ‘conservative’ investor in financial assets. It is as much concerned … Read more