As the cost-of-living crisis intensifies, saving has become a significant challenge for many, with top financial worries including inadequate emergency savings (40%) and insufficient savings for the future (38%). WEALTH at work experts offer advice on fortifying fiscal health, emphasizing the importance of financial resilience and employer support through financial education and benefits packages. Five tips for building financial resilience in 2025 include creating a financial plan tailored to individual circumstances, understanding basic financial matters, researching work benefits packages, distinguishing between good and bad debt, and establishing an emergency fund equal to 3-6 months’ worth of expenses.
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Empty shops to be turned into clubs and bars under new government plans
The UK government plans to ease planning and licensing restrictions to revitalize high streets by allowing new bars, cafes, and al fresco dining in previously unused shops. This initiative, supported by the Night Time Industries Association, aims to enhance social spaces and local economies, although it has faced criticism from opposition parties over concerns about business regulations. Want More Context? 🔎
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