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Company says ‘sustained outperformance’ merited pay rise as it ups profit guidance by £8m for the year to January 2027Business live – latest updatesThe Next chief executive, Simon Wolfson, took home more than £7m last year, his highest ever pay package, and could be handed up to £9.27m this year after the retailer announced plans to increase his basic salary and bonuses.The listed company said it was increasing its pay deal for the long-term leader of the fashion and homewares retailer, which now controls a string of brands in the UK including Gap, Victoria’s Secret, Cath Kidston, Reiss and FatFace, as his remuneration was 30% below the average for FTSE 100 bosses. Continue reading...

Ministers admit carer’s allowance penalties will continue while review of more than 200,000 cases is carried outThousands of unpaid carers will continue to be hit with hefty and potentially unfair benefit repayment demands, it has emerged, as a government initiative gets under way to fix welfare injustices that have drawn comparison to the Post Office scandal.Ministers will on Monday launch an audit of more than 200,000 historical carer’s allowance benefit cases, with an estimated 25,000 carers issued with unlawful overpayments since 2015 likely to see their repayment debts cancelled or reduced as a result. Continue reading...

Use of interns by Plum Sykes, an ex-assistant of Anna Wintour whose family owns a Yorkshire estate, reignites debate about creative industriesShe is said to have been the inspiration for a character in The Devil Wears Prada and was a personal assistant of Anna Wintour, so Plum Sykes knows a thing or two about the arduous and often unglamorous life of being a fashion industry intern.But that recognition does not, it appears, extend to paying her own interns a fair wage. Or, indeed, any wage at all. Continue reading...

• Family caregivers in Florida deliver an estimated $81 billion worth of unpaid care each year, according to a new AARP survey. • This substantial economic contribution underscores the vital role informal caregivers play in the state's health system. • Policymakers may consider support measures to address caregiver burden and sustain this workforce.

Shirine Khoury-Haq and other managers did not receive annual bonus after damaging cyber-attack in 2025The former boss of the Co-op collected almost £2m before her sudden departure last month despite a difficult year when the retailer was pushed into the red by a damaging cyber hack.Shirine Khoury-Haq’s total annual pay package amounted to £1.9m in 2025, including a £165,000 “rewarding growth” bonus that was approved by the mutual’s board despite falling sales and the slide to an underlying loss of £125m. Continue reading...

US president issues executive order as longest partial government shutdown in US history enters 49th dayDonald Trump issued an executive order Friday that declares all Department of Homeland Security employees will receive pay and benefits during the agency’s partial shutdown.The “Liberating the Department of Homeland Security From the Democrat-Caused Shutdown” memo is similar to Trump’s executive order from last week which called for issuing pay to Transportation Security Administration (TSA) agents during the shutdown.In the order, Trump directed the homeland security secretary, Markwayne Mullin, to “use funds that have a reasonable and logical nexus to the functions of DHS” to pay “each and every employee of DHS”. Continue reading...

NASUWT says full entitlement should be increased from four weeks to 26 and paternity pay also improvedFull maternity pay for teachers across the UK should be increased to 26 weeks to help stem the exodus of women in their 30s from classrooms, a union leader has said.Matt Wrack, general secretary of the NASUWT teachers’ union, said it was a “national scandal” that so many teachers who quit said inadequate maternity support was one of the reasons. Continue reading...