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We split bills equally even when one of us earned a lot more
The couple’s system of sharing money remained the same even when Max was made redundant last year and they had to rely on Hannah’s salary of between £40,000 and £60,000. “There was shock and panic initially,” Hannah, who did not want to disclose her precise salary, says. “But we sat down and really looked through…
Average Guernsey income down in real terms, survey says
Average income for islanders is 12% lower in real terms than five years previously, a survey says. More than 2,000 people responded to the 2023/24 Household Expenditure Survey to find the average cost of living in Guernsey. It said while gross income – before taxes and other costs are factored in – of £77,619 per…
Unemployment rate unexpectedly falls as fewer students look for work
Liz McKeown, director of economic statistics at the Office for National Statistics (ONS) figures, said: “Alongside falling unemployment, the number of people not actively seeking work increased, with data suggesting fewer students seeking work alongside their studies.”
Frank founder Charlie Javice sentenced for JPMorgan fraud
Charlie Javice, the entrepreneur convicted this year for defrauding JPMorgan Chase when the bank bought her student loan start-up, was sentenced on Monday to more than seven years in prison. In March, a jury found Ms Javice guilty of bank, wire and securities fraud, as well as conspiracy to commit fraud, for giving JPMorgan fake…
Watch: Is there an AI stock market bubble, and is it ready to burst?
Despite the Iran war, rising inflation and worries about rising government debt, US stock markets continue to hit all-time highs this year. That’s largely driven by the huge boom in investment in Artificial Intelligence. The apparent mismatch between sky high stock market valuations and the real economy is beginning to set off some alarm bells…
