Category Archives: Money

Memories of office life: I demanded a decent cup of tea – and sparked a workplace feud

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Now that I work from my boat, I miss the comfort of the office – and the long-running war I waged over my contraband kettle and illicit cider

For the past five years, I’ve been “working from boat”, sailing in a crystal Mediterranean sea, with turtles nibbling at my anchor. Sounds fun. It’s not. I miss the office.

There are problems with working in paradise. Imagine spending your tea breaks checking the anchor isn’t dragging your workspace towards treacherous rocks, stupid jet skiers swerving by while you type. Imagine wondering if the sun has provided enough power to charge your laptop, or assessing whether a storm is likely to hit before deadline – should I sail 20 miles to shelter before I file?

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Memories of office life: I hid under my desk, screaming down the phone at my husband

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New to marriage and my job, an almighty row threatened both. But my colleagues’ stoic determination to ignore the cacophony was the silver lining

Having personal conversations at work, in the days before mobile phones existed, could be perilous. Usually, you had to duck into an unoccupied desk space or wait until everyone was at lunch. But I worked on a trading floor – each desk crammed next to another, with everyone eating lunch there, too. Perilous didn’t begin to cover it.

In addition, phones rang constantly, people shouted across the room or at each other, and market information was broadcast over the Tannoy while overhead TVs blared CNBC and Bloomberg News. Private conversations had to wait.

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‘No running water’: foreign workers criticise UK farm labour scheme

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Government report on post-Brexit recruitment finds staff citing no health and safety equipment, racism and unsafe accommodation

Seasonal workers in the UK on a post-Brexit pilot scheme to harvest fruit and vegetables were subjected to “unacceptable” welfare conditions, according to a government review.

Issues cited by workers included a lack of health and safety equipment, racism, and accommodation without any bathrooms, running water or kitchens.

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I interviewed hundreds of people in search of the perfect routine. I realised there isn’t one

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In our pursuit of improvement, we’re often told consistency is key. But obsessing over productivity means ignoring how our days vary – and how we vary within them

In our culture that places productivity on a pedestal, an optimised routine has been sold as the salve to all kinds of dilemmas. Lost your job? Stick to your routine. Experiencing anxiety, depression, or grief? Find a routine. Living through a pandemic? Get a new routine.

Sometimes we do need the support of a schedule. Routines are beneficial – they appear solid, they promise order, they seem reliable. They can be comforting, providing a sense of certainty and control in a world that offers neither. For some, a routine is crucial to reduce decision fatigue and simply get through the day, but for others the constant vigilance is exhausting.

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‘It felt like losing a husband’: the fraudsters breaking hearts – and emptying bank accounts

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Romance scams robbed Britons of nearly £100m last year. Thanks to online dating and the pandemic, these cruel crimes are more sophisticated and prevalent than ever

In February 2019, Anna, a finance professional in her 50s, joined the dating website Zoosk. She had been single for four years, recovering from an incredibly difficult, abusive marriage. “I was finally ready to meet someone,” she says.

So, when she met Andrew, a handsome Bulgarian food importer living in London, she was thrilled. The pair were soon spending hours talking on the phone each day. Anna was smitten. “He showered me with love and affection,” she says. “If you imagine candy floss, I was the stick and he was the sugar wrapped around me. I felt as though I was floating.”

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Do smart supermarkets herald the end of shopping as we know it?

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A new breed of supermarkets means the days of queues, checkouts and shoplifting are numbered. But what else will we lose when no-transaction shopping becomes the norm?

Welcome to the supermarkets of the future. They may look and feel like the supermarkets we are all used to – and stock the same bread, butter and bananas – but these shops are now fitted out with more than £1m of the latest technology that their bosses promise will put an end to our biggest frustration (queueing) and our most persistent crime (shoplifting).

Jill French, a legal secretary in her 30s, wearing a sharp navy suit and matching beret, has just left a Tesco Express on London’s Holborn Viaduct empty-handed. It’s coming up to 6.30pm on a Thursday and, like dozens of others, French has popped in for a few essentials on her way home. “I just went in to grab pasta, milk and some broccoli,” she says. “But there was such a queue I got frustrated and walked out.”

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

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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

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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

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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

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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?

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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

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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

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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

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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’

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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

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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

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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

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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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