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Thousands of Marks & Spencer staff to get payouts after Christmas sales growth

Business Thousands of Marks & Spencer store employees are set to enjoy bumper payouts after the High Street giant revealed Christmas sales growth, with a raft of workers getting more than £10,000 each. The retailer, whose festive adverts featured stars such as Sophie Ellis-Bextor and Zawe Ashton, experienced high demand for festive food ranges and partywear in the run up to December 25, with more than 150,000 sequin products sold. Marks & Spencer said following improved trading and the resulting rise in the share price, over 9,200 colleagues- the majority being customer service assistants- are expected to benefit from the vesting…

The Role of Credit Scores in Financial Health: Navigating the Symphony of Your…

Share Tweet Share Share Email Navigating the intricate realm of personal finance requires a keen understanding of various elements, and at the heart of this financial symphony lies your credit score. This numerical representation holds the key to your financial history, playing a pivotal role in shaping your economic journey. Join us on this insightful exploration into the world of credit scores, where we unravel the complexities, highlight their profound significance, and provide actionable strategies to compose a financial masterpiece. For more enriching insights into managing your finances, explore our financial blog . The…

Gold Climbs After 4-Day Decline as Investors Await Inflation Data

Gold prices increased during early trade on Thursday ahead of U.S. inflation data and amid geopolitical tensions, breaking away from a multi-day downward trend. “While Fed cuts seem likely, 140 bps could still be overly optimistic in my view. Core CPI is still roughly twice the Fed’s target and employment data remains strong,” Mr. Simpson said. “Financial conditions have eased markedly on the back of the bond market rally but market expectations of policy rate cuts seem excessive—a concern some Fed officials have voiced since the December meeting—and the tensions around the Suez Canal have highlighted how continuing geopolitical…

Do GDP and Unemployment Agree With Each Other on the State of the Current…

Most of the time, it is not easy to tell how good or bad an economy is. Take the U.S. as an example, while the non-farm payroll year-over-year (YoY) growth rate has been on a downtrend (from above 10 percent in April 2021 to below 2 percent recently), the unemployment rate has remained flat and low in the recent seven quarters, yet real GDP YoY growth has been fluctuating although it has rebounded recently. Whenever an economy is not experiencing any bubbling or bursting, the real economic variables tend to move within certain ranges and can perform differently. One standard way to check the consistency among real variables is by…

Taiwan’s election is shaped by economic realities, not just Beijing’s threats…