Labour MP Bridget Phillipson has announced a new initiative to recruit 6,500 new teachers in an effort to address the shortage in schools. The campaign aims to tackle the growing problem of understaffed classrooms and provide better support for educators. Phillipson hopes this push will improve the quality of education for students across the country.
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Bonuses surge for top traders at EU investment firms after cap is lifted
Bonuses at EU specialist investment firms have surged since they were exempted from the bloc's bonus cap rules, with average bonuses for key staff reaching €1.5mn in 2022 and €1.15mn in 2023, exceeding six times their fixed pay. The European Banking Authority (EBA) highlighted a gender pay gap, noting women earned 24.5% less than men at deposit-taking banks and 32% less at investment firms, with calls for better analysis and action to address this disparity....
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