UK wage growth signals inflation-busting increase in state pension

UK wage growth signals inflation-busting increase in state pension Summary The Financial Times reports that recent stronger-than-expected UK wage growth increases the likelihood that the state pension will be uprated using the earnings measure of the government’s “triple lock”, rather than by consumer price inflation. That would produce a larger, “inflation-busting” rise in the state […]

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Banks tighten debt terms as squeezed UK universities refinance loans

Banks tighten debt terms as squeezed UK universities refinance loans Summary Banks are imposing tougher terms as UK universities move to refinance loans, reflecting growing concern about the sector’s finances. Lenders are asking for higher margins, tighter covenants, more security and shorter maturities as institutions face pressure from weaker student numbers, cost inflation and a […]

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Paytently launches open banking payments with Mastercard | Yogonet International

Paytently launches open banking payments with Mastercard | Yogonet International Summary Payment solutions provider Paytently has launched Paytently Open Banking powered by Mastercard Open Finance, enabling customers to pay directly from their bank accounts at checkout. The solution is designed to boost merchant conversion rates and speed up cash flow by offering secure bank authentication, […]

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The Shiseido story: Ensuring inclusive leadership development in a regional HQ with 16 nationalities

The Shiseido story: Ensuring inclusive leadership development in a regional HQ with 16 nationalities Summary Shiseido Asia Pacific places a ‘People first’ philosophy at the core of its HR strategy, designing inclusive leadership and career development initiatives for a diverse, multigenerational workforce spanning 16 nationalities. Key programmes include the Asia Learning Centre (since 2019), the […]

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Malaysia’s tourism industry contributed 15.1% to GDP in 2024, and 21.6% to total employment

Malaysia’s tourism industry contributed 15.1% to GDP in 2024, and 21.6% to total employment Summary Malaysia’s tourism sector strengthened in 2024, contributing 15.1% to national GDP (up from 14.9% in 2023) and growing 7.4% to RM291.9bn, according to the Department of Statistics Malaysia’s Tourism Satellite Account (TSA) 2024. The sector supported 3.5 million jobs, equal […]

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