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'We were made for this': the women starting businesses in lockdown | Entrepreneurs

Last modified on Mon 15 Feb 2021 16.42 EST It may not appear the most auspicious time to start a business. Britain has been in lockdown for five of the past 11 months. The economy shrank almost 10% last year. Unemployment is skyrocketing. But Lucie Halley-Trotter is undeterred. This year she launched her first company, an ethical, sustainable fashion brand, EYO, that takes recycled ocean and landfill waste and remakes it into sportswear. “I’ve had a lot of stern warnings from people s...
New York United States United Kingdom City Of Chicca Malone Lucie Halley Trotter

'Lost generation of unemployed': Covid hits careers of over-50s

“If I retire earlier than the state pension age and then my husband loses his job, it would be a catastrophe,” she added. “I know there are things like universal credit but we’ve never had to lean on government support before and I’m not sure that my husband would even entertain the idea.” Since the Equality Act 2010 made it illegal to discriminate against someone based on age, employment rates among people aged 50-plus have steadily risen. Before the pandemic, rates had reached a h...
United Kingdom Anna Dixon Alisa Griffiths Lily Parsey Stuart Lewis International Longevity Centre United Kingdom

Rethinking IT recruitment

Rethinking IT recruitment IT job applications tend to look for skills in particular technologies, but for some tech roles, life skills and worldly experience are equally important Share this item with your network: By Published: 28 Jan 2021 15:03 According to the Office for National Statistics, the UK unemployment rate in the three months to November 2020 was estimated at 5%. The data shows that 828,000 jobs have been lost since the pandemic began, with almost half of those workers aged ov...
United Kingdom Carol Milligan Stuart Lewis Office For National Statistics National Statistics Rest Less

Pension: Over 50s warned against early withdrawals - tax & benefits implications explained

Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes theyll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Pension assets can be accessed from the age of 55 under current rules, with this set to rise t...
United Kingdom Kay Ingram Office For Budget Responsibility Money Advice Service Budget Responsibility Rest Less

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Jobs applications during December lowest in five years

Jobs applications during December lowest in five years Consumer confidence is the highest it has been since March 2020. The number of people applying for jobs in December was the lowest it had been in five years, despite the current unemployment rate.  Just 2.2 million job applications were made last month, down just more than a third (34%) when compared with the same time in 2019, according to jobs site Broadbean Technology.  The job board said the change could be explained ...
United Kingdom City Of Alex Fourlis Norton Rose Fulbright Broadbean Technology Rest Less
Source: cityam.com

Gender pay gap widens with age and is worst for over-50s

THE gender pay gap increases with age and is at its widest for the over-50s, new research suggests. An analysis of official data indicates that the median annual salary of women working full time in their 50s is 23 per cent less than for men in the same age group. Women in their 60s are paid 25 per cent less, the report by Rest Less, which offers help and advice to over-50s, found. The study indicates that the median annual salary of a woman in a full-time job this year was just under £28,000,...
Stuart Lewis Rest Less ஸ்டூவர்ட் லெவிஸ் ஓய்வு குறைவாக

Women over 50 paid £8,000 a year less than men for full-time work

Last modified on Sun 27 Dec 2020 23.37 EST Women over 50 in the UK are paid almost £8,000 a year less than men, according to research revealing that the collapse of retailers during the pandemic has hit women much harder than men. An analysis of official data found that the median annual salary of women working full-time in their 50s was 23% less than that of men in the same age group, according to a report by Rest Less, a company that offers help and advice to people over 50. Women in their...
United Kingdom Dorothy Perkins Stuart Lewis Rest Less Equal Pay Day ஒன்றுபட்டது கிஂக்டம்

Early and poorer retirement as another 100,000 over-50s lose their jobs

Second wave of older worker job losses forecast for December after tighter Covid restrictions 16 December 2020 • 6:00am More than 106,000 over-50s fell into unemployment in the autumn as redundancies rocketed for older workers and forced tens of thousands into early retirement and poverty. Unemployment figures for those aged between 50 and 64 rose to 378,000 after another 99,000 were pushed out of work between from August and the end of October, according to the Office for National Statisti...
United Kingdom Rebecca Oconnor Stuart Lewis Office For National Statistics Rest Less Canada Life

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