UK Elections to be held on 12 December
UK Elections to be held on 12 December
By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
The UK is set to go to the polls on 12 December after MPs backed Prime Minister Boris Johnson’s call for an election after months of Brexit deadlock.
MP’s in the House of Commons approved the legislation by 438 votes to 20 paving the way for the first December election since 1923.
The date is not yet certain as the bill has to be approved by the Lords, but could become law by the end of the week.
The prime minister has said the public must be “given a choice” over the future of Brexit and the country.
The markets fell slightly today with the FTSE 100 down 20 points.
Gender pay gap
Progress on closing the gender pay gap is “dismally slow”, according to equality charity the Fawcett Society.
At the current rate of decline it will take 60 years to eradicate the gap, the charity said.
New figures from the Office for National Statistics (ONS) indicate that in the year to April 2019, the gender pay gap for full-time workers rose to 8.9% – up from 8.6% the previous year.
But for people under 40, the gap for full-time employees was close to zero.
The gender pay gap is the percentage difference between average hourly earnings for men and women.
In 2012, the gap between what the average full-time female employee earned compared with the average man was 9.5%. This gap had only narrowed to 8.9% in 2019.
The pay gap for all workers fell from 17.8% in 2018 to 17.3% in 2019, and continues to decline, the ONS said. Source: BBC
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