TUC News & Analysis
2 articles
Market Mood
England's Match Prompts Flexible Work Changes for Employees
England's World Cup match against Mexico, scheduled for 01:00, has led some employers to offer flexible working hours. MT Finance Group is allowing its 125 employees to start at 11:00 instead of the usual 08:45 or 09:00. Meanwhile, MadeByShape, employing 21 staff, is granting them the day off if their work is on track. The UK government has also allowed pubs to stay open until 05:00 on Monday, creating a broader context for flexible work arrangements in light of the event.
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Energy Prices Rise 13% as Households Urged to Submit Meter Readings
Household energy prices in England, Scotland, and Wales are set to rise by 13% on Wednesday, impacting millions. The increase, attributed to higher gas costs, contributes to a record high of £4.79 billion owed to energy suppliers, which represents a 15% rise year-over-year. Analysts from Cornwall Insight warn that the fallout from the US-Israeli conflict may prolong higher energy prices into winter. While a slight 0.5% dip in Ofgem's price cap is projected for October, pressure mounts on the government to assist households amid rising bills.
Read More: Energy Prices Rise 13% as Households Urged to Submit Meter Readings