UK Business

A £15 national minimum wage won't tackle the cost of living crisis — an economist explains why

Would a hike in the national minimum wage help tackle the cost of living crisis?Andrey_Popov / Shutterstock

Since it was introduced 23 years ago, the national minimum wage has raised the incomes of millions of Britons and reduced inequality.

Everyone loves it. For Labour politicians it’s a tool to reduce inequality, while for Conservatives...

AI can help the government spend billions better. But humans have to be in charge
Getty ImagesThe New Zealand government spends about NZ$51.5 billion each year – around 20% of GDP – on goods, ser…
‘America’s big case’: the US Supreme Court raises doubts about Trump’s tariff regime
The US Supreme Court has heard arguments overnight on the legality of President Donald Trump’s “liberation day&rd…
As retail workers brace for the silly season, this 20c solution could dial down customer verbal abuse
More than 1.4 million people are employed in Australian retail and fast food businesses. Sadly, it’s not always a happy…
Could a ‘grey swan’ event bring down the AI revolution? Here are 3 risks we should be preparing for
James Lauritz/GettyThe term “black swan” refers to a shocking event on nobody’s radar until it actually hap…
How the plastics industry shifted responsibility for recycling onto you, the consumer
Australia’s recycling system has been lurching from one crisis to another for decades. Soft-plastic schemes are collaps…
Navigating the New Normal in Fleet Operations: A Raw Look at 2025’s Industry Shifts
The Year of Reckoning for Fleet Management 2025 isn’t just another year for fleet operators. It’s the year where everythi…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Understanding the Importance of Property Valuation Services in Darwin
Introduction Darwin’s property market is known for its unique blend of residential, commercial, and rural investments. With constant changes in market demand, infrastructure development, and lifestyle shifts, understanding the real value…

What Businesses Could Use AI Transcription Software
Artificial Intelligence (AI) has revolutionized businesses, offering sophisticated solutions to complex problems. One such development is AI transcription software, which converts audio and video files into written text. This technology's accuracy…
AirRobe and THE ICONIC Celebrate A Sustainable Milestone
AirRobe and THE ICONIC have unveiled a market-first feature that allows customers to add past orders made on THE ICONIC to their AirRobe Circular Wardrobe™ in one click. The new ‘add…
Are Pokemon Cards Worth Investing in?
If you’re considering investing your cash in an appreciating asset, there’s always real estate, banks with high annual interest rates, paintings, and Pokémon cards. Wait, graded Pokémon cards? You read that…

A new generation of young Australian small business owners is redefining success, driven by a desire to create a lasting legacy through the positi...

In a world where many small businesses are still trying to work out how to actually use AI (not just talk about it), Australian fintech LoanOption...

The world of mobility is changing fast, and car ownership is no longer the default. Across Australia, professionals and businesses alike are seeki...

“You shouldn’t need a large account balance to experience real-time investing. Technology should make that kind of access universal.” For decades...

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, announced that Greg Nicolle, G...

pay.com.au, the end-to-end payments and rewards platform, today announced the launch of International Payments, Australia’s first foreign exchange...