Financial news

Mothers promised full year of maternity pay in Labour manifesto

07-11-2019 23:30

Party seeks ‘step change’ in rights of women at work, with pledge to cut gender pay gapMothers will be given maternity pay for a full year after the birth of their children and all employees will have a right to work flexibly as part of a Labour manifesto pledge to improve life for parents.Dawn Butler, Labour’s shadow women and equalities secretary, said she wanted to see a “step change in how women are treated at work”, which would be reflected in the party’s

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Biggest UK fund manager invested in firms it shamed over climate crisis

07-11-2019 12:14

Exclusive: Legal & General Investment Management put extra £285m into firms such as ExxonMobilThe UK’s biggest fund manager has spent nearly £300m this year increasing its shareholdings in companies it named and shamed for dragging their heels on climate action.Legal & General Investment Management (LGIM), which has been one of the most outspoken fund managers over the climate crisis, announced in June it was cutting five more companies from its environmentally and soci

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Why am I happy to spend £20 on four pints of beer – but not on a bottle of wine?

07-11-2019 10:00

We all have strange rules about what we will and won’t splash out on. Blame the way we were brought up – and our fear of deathBefore the financial crash, people used to explain behavioural economics with the example of the rich man mowing his lawn. “Why are you doing that boring task when you’re so minted?” the hypothetical economist would ask him. “Because it costs £10 to get your lawn mowed.” “OK. If I give you a tenner, will you mow my law

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I need help trying to plug into the costs of charging electric cars

07-11-2019 08:01

Should I do my research into tariffs before I get the car or get the car first?Like a lot of car owners, I’m thinking about replacing my diesel car with one powered by battery. I’ve identified a model that I’d like, but I’m puzzled by the infrastructure I’ll need. As far as I can tell, it’d be cheapest to charge the car overnight, using a suitable tariff like Economy 7. But I’m reluctant to commit to installing a charger until I’ve worked out what

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