Female entrepreneurs are finally smashing through the glass ceiling by out-earning their male rivals. Women who own businesses earn nearly 17% more than men in the same position, a reversal of the trend among employees, where women typically earn 15% less than male colleagues. The statistics, from a global survey of more than 2,000 clients for Barclays Wealth & Investment Management, suggest that women are better rewarded in an entrepreneurial environment, where pay is largely determined by the growth of their business, than when salaries are negotiated with bosses. The Sunday Times, front cover.
While the state of the housing market looks uncertain for the next year, the rental market is very healthy. Census figures from 2011 showed the number of people in private rented property had grown by almost two-thirds from 2.6million in 2001 to 4.2million in 2011. Sarah Beeny offers advice on how to put your flat up for rent. The Sun, p.43.
Article on the appeal of buying property abroad. The Sunday Express, p.80.
Borrowers have been warned that having children and paying for nursery fees can cut the size of mortgages they are offered by almost 50%. Parents whose childcare bills have risen dramatically in the past few years, or who have recently had children, have been warned that these bills could hit their ability to buy a property or remortgage. The Sunday Times, p.5.
About 1,000 students a year turn down a postgraduate place won at Oxford on academic merit because of the financial demands of study there, university figures suggest. This amounts to 15% of the 7,500 students offered a place, according to the admissions office. The Observer, p.19.