News headlines 4th July 2013

Economic

British services sector saw its strongest month in over two years this June according to the Markit services purchasing managers’ index, one of the most influential pieces of economic data. The index hit 56.9 way above expectations for a result of 54.5. Any reading above 50 indicates expansion in business activity for sector.

 

Recruitment

Work-life balance and happiness are slippery concepts to measure but Randstad UK has surveyed 2000 employees to find that those least happy with their work-life balance accountants (42%) financial services staff (47%)  actually have a shorter average working week that other UK roles. Utility and insurance workers are the most happy with their work-life balance yet these sectors have some of the longest average working weeks. Randstad says it’s not about working shorter hours or earning more, a more holistic approach is needed.

 

PF

Pensions chaos as panicking traders rush to sell shares amid fears of a fresh global financial crisis which could badly hit those about to retire, screams the front page of the Express.

Other news says punitive green taxes will help inflate the average family energy bill by almost a third up to £1,900 by the end of the decade according to the Taypayers’ Alliance.

 

Property

The Energy Saving Trust survey says every 2.7 seconds Britons flush away enough water to hydrate a person for 80 years. The average person uses 142 litres of water a day – wasting energy on boiling over filled kettles and showering for too long. 86,000 homes surveyed to point out the environmental and energy cost attached to water which many people do not consider. Hot water use contributes  £228 to the average annual combined energy bill.

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