Social care: Four ways to reform the system
Prime Minister Andy Burnham announced plans for major social care reform in England, commissioning cross-party talks and advancing a review that will examine funding mechanisms for the system.
The evidence that shows today’s 20-somethings really do have it worse
Analysis of UK data shows 25-year-olds face worse economic prospects than any generation in 50 years, with homeownership collapsing, employment falling, and wages stagnating.
Burnham has no scope to increase borrowing, think tank warns
A think tank warned Prime Minister Andy Burnham has limited borrowing capacity and must raise taxes or cut spending to fund his policy pledges on defence and living costs.
FIFA has a new plan to raise billions of dollars: Selling stakes in the World Cup
FIFA announced plans to sell minority stakes in the World Cup to private investors through a new commercial company, aiming to raise up to $4.2 billion. The move has already drawn sharp criticism from UEFA and others questioning the precedent.
BMW to cut ‘as many as 8,000 jobs’ under pressure from Chinese rivals
BMW plans to cut as many as 8,000 jobs in Germany amid pressure from Chinese electric vehicle competitors and changing market conditions. The voluntary redundancy program targets administration and development divisions.
South East charities unable to pay staff after online fraud alert
CAF Bank suspended online services on July 24 following suspected cyber fraud, leaving thousands of UK charities unable to access accounts or process payroll payments.