HSBC and Deloitte have recently rescinded job offers to foreign graduates in the UK, citing the government‘s new stringent visa regulations. This move follows the government’s increase in the salary threshold for skilled worker visas, from £26,200 to £38,700 for general workers, and to £30,960 for individuals under 26.The Financial Times interviewed affected graduates, some...
Category: Jobs
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The top master’s in finance programs for getting a job at an investment bank
If you want to get a job at an investment bank, you need to go to a good school. Get Morning Coffee ☕ in your inbox. Sign up here. And once you get into a good school, you have to do a good course. One of the most popular for prospective financiers is the masters in finance...
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Leave the Graduate Route as it is, MAC tells government
UNITED KINGDOM An independent review of the politically charged Graduate Route, which allows international students to stay in the United Kingdom for two years after graduation to try to find work, has recommended that the government leave the post-study work visa scheme in its current form. The review by the Migration Advisory Committee (MAC) was...
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UK wage growth still high despite unemployment rise
14 May 2024 By Dearbail Jordan,Business reporter, BBC News Getty Images UK wage growth remained strong even as the UK unemployment rate rose to its highest for almost a year. The jobless rate increased to 4.3% between January and March, the highest since May to July last year, the Office for National Statistics (ONS) said....
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DWP updates Fraud Plan
Department for Work and Pensions announces it has saved £1.3 billion from fraud and error Comes as government updates plan to further crack down on benefit cheats, including creating new legal powers and hiring more staff Changes expected to save the taxpayer £9 billion by 2027/28, and follows Prime Minister’s sweeping welfare reform package last month The Government can today reveal that it...
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UK charges three with working for Hong Kong intelligence
Suspects accused of violating National Security Act as cases against Chinese and Russian spies mount across Europe. The British police have charged three men with assisting Hong Kong’s foreign intelligence service. The men were detained alongside several others during a series of raids across the United Kingdom last week, the police said on Monday. The...
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Pound Sterling clings to gains ahead of UK employment, US inflation data
The Pound Sterling holds gains above 1.2500 inspired by strong UK Q1 GDP data. The UK economy expanded by 0.6%, moving out of the recession seen in the second half of 2023. Investors await UK employment and US inflation data for fresh guidance. The Pound Sterling (GBP) exhibits strength above the psychological support of 1.2500...
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Universal credit changes: Claimants must now seek 18 hours work
People claiming universal credit and working fewer than 18 hours a week will be expected to look for more work, after a change to the welfare system that starts on Monday. Before now, claimants only had to work 15 hours. The new rule is part of broader reforms to the welfare system that the government...
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New rules require 180,000 on Universal Credit to increase working hours
Universal Credit claimants working less than half of a full-time week will have to look to increase their hours, benefitting from extra work coach support. 400,000 to receive more help to progress in work, as Mel Stride says “I want to help thousands of people on their journey off benefits”. Changes come as the PM...
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What Is Art? | ArtsHub UK – Arts Industry News, Jobs & Career Advice
UNLOCKED Member Content Your Membership directly supports this content. What is art in the 21st century? What Makes It Valuable? The discourse on the nature of art in the 21st century has never been more intriguing. While some creators remain firmly rooted in the traditions of their craft, others boldly venture into uncharted territories,...
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The UK’s second-richest man is demanding Manchester United workers return to the office—’If you don’t like it, please seek alternative employment’
Earlier this year, the second-richest man in the United Kingdom, Sir Jim Ratcliffe, was confirmed as the team’s co-owner earlier this year, and he’s coming in guns blazing (even though he’s no Arsenal fan). And his latest offensive move is ushering employees back to the office, according to an exclusive from The Guardian. Ratcliffe’s main...
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Scam UK agency sending migrants with promise of work to International Protection Office address in Dublin, Dáil told
TD Michael McNamara said it was clear that vulnerable people in a precarious position “are being horribly exploited by bad actors” That was the claim made in the Dáil today by Independent TD and European elections candidate Michael McNamara, who told of an Indian national who travelled to London on a student visa that allowed...