Richest 1% of UK households are worth at least £3.6m each

New ONS figures reveal inequality gap growing ever wider before the coronavirus pandemic

The richest 1% of households in the UK each have fortunes of at least £3.6m, according to new official figures that show the inequality gap was yawning even before the pandemic struck.

At the other end of the scale, the poorest 10% of households have just £15,400 or less, with almost half burdened with more debts than they had in assets, according to figures released on Friday by the Office for National Statistics (ONS).

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How the pandemic transformed the world of work in 2021

There were winners and losers as work patterns continued changing, with repercussions for city centres and society as a whole

Of all the predictions on your 2021 bingo card, who had employees being fined for going into the office? Workers in Wales now face that threat since the tightening of Covid regulations amid the spread of the Omicron variant, with a possible £60 penalty for failing to work from home.

That is just one of many examples of how the pandemic has transformed the world of work this year – and perhaps for ever – for city centre employers, their staff and the service industry that depends on them for trade.

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Escape your comfort zone! How to face your fears – and improve your health, wealth and happiness

Is there something great you have always wanted to do, but fear has held you back? Make 2022 the year you go for it

The “comfort zone” is a reliable place of retreat, especially in times of stress – living through a global pandemic, for instance. But psychologists have long ƒextolled the benefits of stepping outsideit, too. The clinical psychologist Roberta Babb advises regularly reviewing how well it is serving you. The comfort zone can, she says, become a prison or a trap, particularly if you are there because of fear and avoidance.

Babb says people can be “mentally, emotionally, physically, socially, occupationally” stimulated by facing their fears or trying something uncomfortable. “Adaptation and stimulation are important parts of our wellbeing, and a huge part of our capacity to be resilient. We can get stagnant, and it is about growing and finding different ways to be, which then allows us to have a different life experience.”

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Festive shrinkflation: tricks chocolate makers use to make us pay more

At this time of year, manufacturers have a few new tactics to get us to buy less for more money

Getting value for money might not be your prime goal when buying Christmas presents but if you are planning to snap up chocolates or sweets for the ones you love, it pays to check what you are going to get for your cash. That fancy box or tub may come at a cost (financial and environmental) – and, contrary to appearances, it might mean fewer treats for the recipient, not more.

We’ve all heard about “shrinkflation”, where companies sneak through price rises by shrinking pack sizes, but when it comes to festive confectionery, it’s important to be wise to the other packaging tricks that manufacturers and retailers maybe hope we won’t notice.

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What does France’s travel ban mean for UK holiday plans?

As ban takes effect from midnight, UK travel operators say news is ‘devastating for ski industry’

France has banned all non-essential travel from the UK, starting on Friday night. We explain what it means if you have planned to visit over the festive period.

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How to teach children the real value of money

A study has shown that by the age of seven they can grasp the lessons they need to learn to avoid financial problems in the future

The early experiences children have with money can shape their financial behaviour as adults, according to a study published by the UK government’s MoneyHelper service. By the age of seven, the University of Cambridge study found, most children are capable of grasping the value of money, delaying gratification and understanding that some choices are irreversible or will cause them problems in the future. The research suggests children who are allowed to make age-appropriate financial decisions and experience spending or saving dilemmas can form positive “habits of the mind” when it comes to money. This could lead to a lifelong improvement in their ability to plan ahead and be reflective in their thinking about money, or they may learn how to regulate their impulses and emotions in a way that promotes positive financial behaviour later in life.

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How latest update to England’s travel red list will affect planned trips

Six southern African countries added to list and temporary flight ban in place owing to new Covid-19 variant

The UK government has added six countries to the travel red list after the emergence of a new coronavirus variant. As of midday on Friday, South Africa, Botswana, Lesotho, Eswatini, Zimbabwe and Namibia are subject to restrictions and a temporary flight ban. Non-UK and Irish residents who have been in any of those countries in the previous 10 days will be refused entry into England. And the move will have an impact on anyone who has a trip planned.

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‘All my friends went home’: a fruit picker on life without EU workers

With fellow Europeans leaving the UK, and no British workers taking their place, Eleanor Popa’s job harvesting strawberries has gone from tough to tough and lonely. Will the farm survive another year?

Eleanor Popa used to sleep in a six-berth caravan on the site of Sharrington Strawberries, a 16-hectare (40-acre) strawberry farm in Melton Constable, Norfolk. Now, there are only four people in her caravan: everyone else has left to work in EU countries. “My friends,” she says, “they went home, or to work in Spain and Germany. A lot of them did not come back to work this year.”

Popa, who is from Bulgaria, has been a fruit picker for two years. “It’s hard work,” she says. “We have to get up early and pick. It’s 6am in the summer. Now we get up at 7.30am. And we work in tunnels. Sometimes it’s cold, sometimes it’s hot. Sometimes it’s windy. It can be boring.” Picking strawberries is skilled work. “It took me a month to learn how to pick the fruit,” she says.

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Flexible working: ‘A system set up for women to fail’

After the pandemic more women are choosing to work from home but that choice could damage career prospects

Employees want it, employers know they have to offer it; flexible working has transformed almost every office during the pandemic and it’s here to stay.

It is a change that has been demanded for decades by groups including women, those with caring responsibilities and disabled people. But economists and employment experts are warning it could lead to more inequality at the office, particularly for working mothers.

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Dirty dollars: how tattered US notes became the latest street hustle in Zimbabwe

In country hit by hyperinflation, a shortage of dollars means those struggling to survive can make a profit dealing torn notes

In time-honoured street hawker tradition, Kaitano Kasani is using charm and persuasion to get people to sell him their tattered US banknotes.

Kasani, 42, bellows through a megaphone as he walks through Glen Norah, a township in Harare, in the sweltering November heat.

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‘I don’t blame customers for getting annoyed’: a coffee house owner on life without EU workers

Anas Zein Al-Abdeen owns a chain of four Middle Eastern coffee houses around Birmingham. But, the 40-year-old says, while customers are plentiful, staff are another matter

Anas Zein Al-Abdeen doesn’t want to close his business for three days a week – but, increasingly, it looks like his only option. He simply can’t get the staff. “It’s horrific,” he says. “We can’t plan for anything.”

The 40-year-old British-Syrian businessman runs Damascena, an independent chain of four Middle Eastern coffee houses in and around Birmingham. All of his cafes are affected, but the one in central Birmingham is the most short-staffed, with 25 workers instead of the usual 30. “It’s very stressful,” he says. “Most businesses worry about getting customers. But I’m just worried if we can serve them or not.”

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‘It’s the biggest open secret out there’: the double lives of white-collar workers with two jobs

Remote working has made it easier than ever for staff to moonlight. But how do they cope with clashing meetings and two bosses? And can the rewards be worth the lies?

Second jobs can be incredibly lucrative – just ask any of the MPs who gained at least £6m collectively from their side gigs since the start of the pandemic. But it’s not only MPs benefiting from second jobs: ordinary white-collar workers have been getting in on the act. And these workers aren’t just taking on positions that might require a couple of days’ work a month. Instead, they are juggling several traditional full-time jobs, and keeping each one a secret from their other employers – leading, in effect, multiple lives

Among them is Jamie, a 25-year-old based in the UK. Over lockdown, Jamie found himself spending a significant amount of each working day playing video games. His role as a software engineer is undemanding and barely monitored by his company. It allowed him to live comfortably, but he was on what he considered a modest salary.

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Stella Creasy on her lonely maternity cover battle: ‘Women should be able to have kids and do politics’

The Labour politician is used to fighting battles – but can she win her latest: convincing her colleagues to back proper maternity cover for fellow members?

Stella Creasy is dodging people on the pavement as we talk. She apologises for the background noise but it’s hard finding time for a conversation when you have a newborn son, a toddler daughter, and no proper maternity leave from a full-time job as Labour MP for Walthamstow; this walk to an appointment is the only window she has. Last month, she spoke in a Commons debate on childcare, baby Pip in a sling, sounding astonishingly composed for someone who had given birth four weeks earlier. I ask how she’s feeling and she laughs briefly and says: “Tired as hell, mad as anything.”

And then it all comes tumbling out: the night before that debate, she’d been in hospital with an infection she thinks was brought on by doing too much. The day after her caesarean, she was dialling into meetings with the defence secretary from hospital – she has had about 200 cases in her London constituency of people seeking help getting family members out of Afghanistan – and has barely stopped since. “There wasn’t any alternative,” she says. “These are people ringing up my staff threatening to kill themselves because they’re so worried about family members. You can hear the terror in their voices.” Meanwhile, she’s grappling with “the mum guilt” for not taking more time off, while struggling to be patient with people in parliament who ask how she is, only to back away when answered honestly. Having lost a battle with the Independent Parliamentary Standards Authority (Ipsa) this summer over the maternity leave cover she wanted, Creasy refuses to draw a polite veil over the consequences. And if that means breaking the working mother taboo against admitting that everything is not in fact fine, then so be it.

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Ryanair to shake up refunds policy after pandemic criticism

Airline, which even barred some people who sought redress, commits to refunds within five working days

Ryanair has promised to start refunding customers for cancelled flights within five working days, after criticism of its reimbursements policy during the pandemic.

The Dublin-based carrier, which has previously described itself as a “no-refunds airline”, has also announced significant improvements to the way it treats customers whose flights are delayed or cancelled.

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Boomerang boomers: the over-50s moving back in with their parents

Financial and relationship woes caused by Covid in the UK are driving a rise in older people returning to live with family

The Covid pandemic has led to growing numbers of baby boomers in Britain moving back in with their elderly parents, experts have said.

The reasons are varied, from the positive grown-up children ensuring their parents had care and company during lockdowns to the negative, including financial and relationship breakdowns.

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Government taskforce to tackle sharp rise in scams during pandemic

Ofcom research finds 45m people received at least one fraudulent message in last three months

A government taskforce is to meet on Thursday to discuss ways to tackle the sharp rise in scams that has hit the UK since the start of the pandemic.

Groups representing banks, telecoms companies and consumers will meet with the minister for security, Damien Hinds, to discuss measures to tackle online fraud, and increase public awareness.

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From Fortnite to Fifa, online video game players warned of rise in fraud

After games boom in pandemic, gangs are using phishing and malware to cheat fans out of money and reveal their personal data

Players of online video games such as Roblox, Fortnite and Fifa are being warned to watch out for scammers, amid concerns that gangs are targeting the platforms.

Multiplayer games boomed during the pandemic lockdowns as people turned to socialising in virtual spaces.

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