Do you want the good news or the bad news first? We went with the good news…

 

Starting salaries rise at fastest rate for three years

Employers are paying more “to attract the right people” with salaries for workers moving into both permanent and temporary roles rising.

Insurers told no softening of EU insurance rule due to Brexit uncertainty

Any hopes of softening the Solvency II capital rules post-Brexit have been dashed by Bank of England deputy governor Sam Woods.

FTSE 350 pension deficit cut by almost a third in one month

According to new research from Mercer, asset valuations increased by £15bn to £791bn last month while liabilities reduced by £1bn.

House of Fraser to close 31 of its 59 shops

House of Fraser has been the most recent high street store to close stores, affecting 2,000 jobs. The closures include its flagship London Oxford Street store.

And finally…

A third of Britons believe they have an idea which could ‘make them millions’, survey suggests

A poll of more than 2,000 adults found that a third of Britons believe we have a money making idea, but the expense of modern living, a lack of time and busy family schedules are the barriers to bringing the idea to life.

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