🏠 BUYING STILL BEATS RENTING 🏠
despite house price slow down
The cost of paying mortgage interest is now 62% lower than renting - says Capital Economics research, compared to 55% lower on average (2010-2018).
£859 £323
Average monthly rent AVERAGE monthly mortgage payment
30%
Amount mortgage interest rates are down by
in the last 5 years, although growth
in rents has declined too
🇪🇺 WHAT ABOUT BREXIT? 🇪🇺
In July, the Office for Budget Responsibility predicted a 10% fall by mid-2021 in the case of a no deal Brexit.
More negatively, last November the Bank of England said house prices could fall 35% with a chaotic no deal Brexit.
uk bosses earn 117x that of the average worker
...but ceo pay falls...
Research by the CIPD has found that whilst CEO salaries have fallen by 13% between 2017 and 2018, CEOs earn 117x more than the average UK full-time worker.
£3.5 MILLION £29,574 6/100
The average boss pay at one Average full-time FTSE 100 companies had
of the UK's largest listed worker salary a female boss in 2018
100 companies
who gets the most 💵 💵 ?
Highest paid FTSE 100 CEOs in FYE 2018 ➡
The CIPD recommendations included:
Pay for the top 1% of earners to be disclosed
Simplified CEO reward packages linked to fewer and more meaningful measures of performance
STUDENTS OWED £28m BY student loans COMPANY
Overpayments on student loans that had already been paid off in full are waiting to be claimed by grads, data from the Student Loans Company (SLC) shows
⬇️
£600
Average overpayment
- Over half a million affected from
09/10 and 17/18.
⏬ ⏬ ⏬
- SLC say they tried to contact people.
check your loan!
Even if you're nowhere near paying it off, it's worth checking that your info is up to date
Login to your student loan account. Google 'student finance login'
Think you overpaid?
Call SLC
0300 100 0628
Students Pre Sept 2012
The current rate is 1.75%. - that’s cheap debt. Many savings accounts will beat this rate so it probably doesn't make sense to pay off more than the minimum.
Students From Sept 2012
83% of students are predicted to never pay off the full loan AND it gets wiped after 30 years regardless!
So, unless you’re a high earner and certain that you’ll be paying it all off, it makes sense to save the money instead.
Jamie Oliver turns remnants of his
eMPIRE into ethical ‘B Corp’
After the collapse of his restaurant group Jamie’s Italian, the restaurateur has published a report outlining a new mission to:
1. Halve childhood obesity by 2030
2. For his business, Jamie Oliver Group,
to achieve B Corp status
Oliver injected £26m of his own money into Jamie’s Italian before letting it go under. More than 1,000 employees lost their jobs.
WHAT IS A B CORP?
A certified B Corporation
must meet certain environmental, social, legal and governance standards
set by the not-for-profit institution B Lab.
in OTHER NEWS
GlassDoor have revealed the UK's top work perks...
Facebook - Three free meals a day
Improbable - Free 'Life Concierge'
Sky - Moving house leave
First Direct - Onsite crèche
First Space Crime?!
NASA is investigating a claim that an astronaut accessed the bank account of her ex-partner while living at the International Space Station (ISS), according to The New York Times.