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Charity welcomes living wage rise in January
Posted onA social action charity has welcomed the decision to increase the living wage in Jersey to £15.10 per hour in 2026. The new rate was approved this week and will come into effect at the beginning of January. The living wage is £1.51 higher than Jersey’s minimum wage which is set to increase to £13.59…
North Sea drilling restrictions to be relaxed in new Labour plan
Posted onPlans to relax restrictions on new oil and gas drilling in the North Sea will be unveiled on Wednesday under the government’s North Sea Strategy. Chancellor Rachel Reeves will announce the publication of the strategy as part of her Budget speech, the BBC understands. The Department for Energy Security and Net Zero will release a…
France investigates Shein and Temu after sex doll scandal
Posted onOnline retailers Shein, Temu, AliExpress and Wish are being investigated in France in relation to the offence of enabling minors to access pornographic content on their platforms, the Paris prosecutor said on Tuesday. The country’s consumer watchdog had reported the four firms to the prosecution service on Sunday after raising concerns about the sale of…
Bank hints at rate cuts, but dont expect Covid-era mortgage deals
Posted onIn total, the Bank reckons two out of five residential borrowers, close to four million, will face a similar situation in the next few years, with an average 8% rise in repayment costs. (Although it also points out one in three are likely to see lower repayments during this time).
