European central bankers see wage rises as main threat to rate cuts

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Demands for pay rises by European workers are the main threat to early interest rate cuts, analysts have warned, after European Central Bank president Christine Lagarde quashed investors’ hopes of a first-quarter cut this week … Read more

English councils warn funding offer will bring tax rises and service cuts

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. English councils will be forced to raise taxes and cut frontline services to avoid effective bankruptcy, local government networks have said, as they criticised a new funding offer from ministers. Michael Gove, secretary of state … Read more

CPF Raised SA, MA and RA Interest to 4.08% p.a. Basic Healthcare Sum Rises to $71,500.

Every year, this time of year, CPF will update us on the changes to the Basic Healthcare Sum or BHS for short. The BHS is the maximum amount capped in our CPF Medisave to accumulate towards. Excess money above the BHS will flow to your CPF SA and to your CPF OA, if your CPF … Read more