Italian daily newspaper La Repubblica published an article on its site headlined "Italians in London, the long goodbye" after the new rule was brought in this month. Rishi Sunak's post-Brexit rules for foreign workers are getting tough press in Italy this week - with claims they could mark the end of Italian waiters in London.Īpril saw the minimum salary requirement for a skilled worker visa increase from £26,200 to £38,700 - a near 50% rise as the government tries to reduce immigration. You can see how other areas fared in the table below. The Nottinghamshire region has seen house prices soar by 84.8% to £231,000, while the average income has risen by just 13.11% to £33,454. Gedling ranks sixth among the areas of England where the affordability of buying a home has declined most. Oadby and Wigston in Leicestershire ranked fifth in the table, with the average house price increasing by £129,000 and the median annual income growing by £2,644. While London remains the most unaffordable region, the East Midlands has also seen a notable fall. Hillingdon in West London took the second spot, with the average property shooting up by £230,000 to £495,000, while the average income increased by just £143. The platform found the area has seen house prices more than double to £380,000 in the last 10 years - but wages have only risen by £2,182. The London borough of Barking and Dagenham has seen the most significant fall, according to moving platform Getamover. This rise could take his potential earnings to £18.5m this year - which critics say is excessive.Įngland's average house price has risen by £103,000 over the last decade, while the average annual wage has risen by £7,734.īut some areas have seen homeownership affordability decline more than others. The situation has alarmed the government, which has announced a number of reforms aimed at raising the UK's attractiveness.Īn imminent shareholder vote on Sir Pascal's pay makes a particularly interesting test case because few would dispute that he has been the most outstanding FTSE 100 chief executive of his generation. It has also led to a scarcity in the number of companies floating on the London Stock Exchange, most notably the Cambridge-based chip designer ARM Holdings, which last year opted to list in the US instead. That poor performance has reflected the poor valuation of many UK-listed companies - resulting in numerous foreign takeovers of UK businesses in recent months and years. The FTSE 100's performance has lagged that of many of its peers, both in the United States and Europe, more or less since the Brexit vote in 2016. The drugmaker was on its knees when Sir Pascal Soriot took over in 2012.īut under his leadership it now does just about everything the UK wants from a business - creating high value-added jobs and developing products that improve people's lives. The government previously said "more legislative change" was not needed to tackle the "intolerable violence and abuse" faced by shopworkers, arguing it did not think it was "required or will be most effective".īut Rishi Sunak is now set to announce his government will be amending the Criminal Justice Bill to bring in the new offence. "We believe everyone should enjoy a perfect meal, regardless of which app they order it from," it said.Īssaulting a shopworker is to be made a separate criminal offence after a government U-turn following pressure from campaigners. In a post to its website, the firm said it would make the design available to its competitors as it is "too powerful to be owned by any one company". Fake flights and caravans are the two most common items being sold by fraudsters in relation to travel, Lloyds Bank's research has found.Īs Britons head online to book deals for the upcoming bank holidays and summer, they have been urged to "remain vigilant", with the average holiday scam victim being conned out of £765.Īmid rising flight costs post-COVID, people have been flocking to social media and other lesser-known websites to secure cheaper deals.Ī food delivery company claims to have created an "unshakeable bag" to avoid spillage in transit.īolt, which owns the Bolt Food delivery platform, said its design is based on gyroscope technology and will keep food stable "during the most abrupt movements".
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