Private workers’ pay growth outpaces the public sector
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The gap between wage growth in the public and private sectors is near a record high, official figures show. Workers in the private sector saw their average pay rise by 6.9% between August and October, according to the Office for National Statistics. Read the full story
Cost of drinking out rises ahead of Christmas
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The cost of going out drinking has increased ahead of Christmas, with wine, gin and whisky prices rising. The cost of a night out is now increasing at its fastest rate since December 1991, the latest official figures show. Read the full story
The Mayor of London calls for London to get bigger slice of Levelling Up cash from government
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Sadiq Khan has called on Rishi Sunak to give London more cash from the government’s signature Levelling Up fund to tackle “the capital’s own substantial inequalities”. The London mayor said the capital was missing out on hundreds of millions of pounds of government money post-Brexit. Read the full story
FCA sets out ideas to improve information provided to retail investors
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The FCA will now be responsible for designing and developing new disclosure rules which meet the needs of the UK market and supports investors to make informed investment decisions. This would include how much information to include about costs and charges and the level of investment risk. Read the full story
CTSI issues warning as majority of consumers prepare for cut-price Christmas
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The Chartered Trading Standards Institute has issued a warning for people to steer clear of festive fakes this Christmas as the vast majority of shoppers look to cut costs. The organisation is also reminding consumers to be wary of buying unsafe products online as most people are still unclear about what to look out for […]
G7 Leaders’ Statement: 12 December 2022
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G7 leaders, joined by President Zelenskyy of Ukraine, provided a joint statement after a meeting on 12 December 2022. Read the full statement
TfL celebrates a decade of contactless payment on London’s buses
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Transport for London is marking ten years since contactless payment using a bank card was first introduced as a new way to pay on London’s buses, making it easier and more convenient for millions of customers. Read the full story
£102 million government backing for nuclear and hydrogen innovation in the UK
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The UK government has announced new funding to support clean energy production in the UK, following Russia’s illegal invasion of Ukraine and the subsequent impact on global energy prices. Read the full story
Princes Circus guided walk
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Monday 19 December 2022 meet at Princes Circus for guided walks around the site with the iD Verde contractor team so you can find out more about what’s going on and the progress being made. Learn more
West End Project meeting update
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Please see below for the latest briefing update from the West End Project. Read more