80% of UK companies and public sectors organisations pay women less than men.Read more
The UK savings ratio, which is defined as the proportion of disposable income that is not spent on consumption*, fell to 3.2% in the first quarter of 2017 - its lowest level since 1963, when records began.
This is down from 7% in 2016, and 10% in 2015. With inflation eroding the value of wage increases, savings levels are likely to continue to remain historically low, with increases in debt levels helping to boost household spending, post-Brexit. Indeed, during 2018 the ratio remained stubbornly low at just under 4%.
*However, the definition is more complex than its appears because of the way contributions to pension funds and the interest and dividends earned are attributed to households.
What exactly is the 'most favoured nation' rule?Read more
What trading options are available to the UK?
Savings ratio falls to lowest level on record.Read more
Multiple choice papers for Paper Three.Read more