{"componentChunkName":"component---src-templates-post-js","path":"/more-money-lessons-for-kids/","result":{"data":{"ghostPost":{"id":"Ghost__Post__5e26da858cab8c00449bbdde","title":"More money lessons for kids","slug":"more-money-lessons-for-kids","featured":false,"feature_image":"https://images.unsplash.com/photo-1509062522246-3755977927d7?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=2000&fit=max&ixid=eyJhcHBfaWQiOjExNzczfQ","excerpt":"A government agency has pledged to improve millions of people’s lives by 2030 by boosting financial know-how, after finding that 11.5 million people in the UK have less than £100 in savings and nine million regularly use credit cards and payday loans for essential spending.","custom_excerpt":"A government agency has pledged to improve millions of people’s lives by 2030 by boosting financial know-how, after finding that 11.5 million people in the UK have less than £100 in savings and nine million regularly use credit cards and payday loans for essential spending.","created_at_pretty":"21 January, 2020","published_at_pretty":"21 January, 2020","updated_at_pretty":"21 January, 2020","created_at":"2020-01-21T11:03:33.000+00:00","published_at":"2020-01-21T11:05:36.000+00:00","updated_at":"2020-01-21T11:05:36.000+00:00","meta_title":null,"meta_description":null,"og_description":null,"og_image":null,"og_title":null,"twitter_description":null,"twitter_image":null,"twitter_title":null,"authors":[{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null}],"primary_author":{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null},"primary_tag":null,"tags":[{"name":"#feed","slug":"hash-feed","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"multiply-minute","slug":"multiply-minute","description":"The 1-minute read to get the money news you need with expert adviser commentary","feature_image":null,"meta_description":null,"meta_title":null,"visibility":"public"}],"plaintext":"Get straight to the good stuff every day with the Multiply Minute; a\nlightning-quick round-up of the money news and how it affects you.\n\nFinancial nouse for all\nA government agency has pledged to improve millions of people’s lives by 2030\n[https://www.theguardian.com/money/2020/jan/21/ministers-launch-financial-wellbeing-scheme-to-help-savers] \nby boosting financial know-how, after finding that 11.5 million people in the UK\nhave less than £100 in savings and nine million regularly use credit cards and\npayday loans for essential spending. The Money and Pensions Service (MaPS) has\npromised money lessons in schools for an extra two million children, and debt\nadvice for an extra 300,000 adults.\n\nFreelance tax reforms “damaging”?\nTop recruiters have warned\n[https://www.ft.com/content/d1e2ce88-3b81-11ea-a01a-bae547046735] (paywall) that\nchanges coming in April will damage growth and increase tax avoidance. Known as\nIR35, it’s meant to stop companies avoiding payroll responsibilities. But\nrecruiters say projects will be cancelled and work moved offshore because\ncompanies are unwilling to take on the extra risk.\n\n1,000 new financial offices\nBy October last year, 1,440 EU companies had applied\n[https://www.cityam.com/over-1000-eu-financial-firms-planning-to-open-uk-offices-after-brexit/] \nto open a base in the UK after Brexit. For 1,000 of these, it will be their\nfirst in this country. They'll lose the automatic right to operate here from\nDecember, but with these permissions they can do business while they apply to\nthe Financial Conduct Authority (FCA).\n\nWanna work at Facebook?\nGood timing, as they are set to create 1,000 new jobs\n[https://news.sky.com/story/facebook-seeks-1-000-new-uk-staff-as-london-base-takes-shape-11913638] \nin the UK this year. The move is being seen as a positive reaction towards the\nUK economy ahead of Brexit. Over half of the new staff will be\ntechnology-focused and it'll bring its total UK workforce to 4,000.\n\nBeales bust\nOne of Britain's oldest department store chains is set to go into administration\n[https://news.sky.com/story/department-store-chain-beales-goes-into-administration-11913306]\n, with more than 1,000 full-time jobs at risk. Beales, founded in 1881, listed\nthe \"disappointing\" period of Christmas trading and high high-street rents as\nthe reasons for its closure.","html":"

Get straight to the good stuff every day with the Multiply Minute; a lightning-quick round-up of the money news and how it affects you.

Financial nouse for all

A government agency has pledged to improve millions of people’s lives by 2030 by boosting financial know-how, after finding that 11.5 million people in the UK have less than £100 in savings and nine million regularly use credit cards and payday loans for essential spending. The Money and Pensions Service (MaPS) has promised money lessons in schools for an extra two million children, and debt advice for an extra 300,000 adults.

Freelance tax reforms “damaging”?

Top recruiters have warned (paywall) that changes coming in April will damage growth and increase tax avoidance. Known as IR35, it’s meant to stop companies avoiding payroll responsibilities. But recruiters say projects will be cancelled and work moved offshore because companies are unwilling to take on the extra risk.

1,000 new financial offices

By October last year, 1,440 EU companies had applied to open a base in the UK after Brexit. For 1,000 of these, it will be their first in this country. They'll lose the automatic right to operate here from December, but with these permissions they can do business while they apply to the Financial Conduct Authority (FCA).

Wanna work at Facebook?

Good timing, as they are set to create 1,000 new jobs in the UK this year. The move is being seen as a positive reaction towards the UK economy ahead of Brexit. Over half of the new staff will be technology-focused and it'll bring its total UK workforce to 4,000.

Beales bust

One of Britain's oldest department store chains is set to go into administration, with more than 1,000 full-time jobs at risk. Beales, founded in 1881, listed the \"disappointing\" period of Christmas trading and high high-street rents as the reasons for its closure.

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