The annual listing of great places to work in the UK now includes Admiral in the top 10, the only business from the financial services sector to be found there.
It has been a reward for all their hardwork it seems, since Admiral also received the special status of laureate because it has been in the top 50 for the last 5 years. One of the key elements of any great place to work is trust between employees and managers, something Admiral has been commended for.
This fantastic achievement is sure to be seen as just reward for all the staff at the company whether they work in the Admiral car insurance department or any other part of the business. They have all worked together to make the organisation what it is today.
The Halifax has reported that the amount of pocket money given to children has fallen compared with last year. In 2007 the weekly amount was just over GBP8, though this has fallen to a little over GBP6 this year.
Parents will no doubt be feeling the pinch said a Halifax spokesperson, though in their defence they do still buy items such as mobile phones and ipods for their children. The best place for children to be is London, where the average pocket money is GBP8.47, followed by Scotland where they receive GBP8.20.
The lowest paying parents are found in the East Midlands, where GBP4.46 is the norm, closely followed by the south west of England where children receive an average of GBP4.58 according to the Halifax figures.
The recent decision by the Bank of England to keep the base rate at 5 percent was as per expectations according to the Abbey National.
A spokesman from the Abbey National explained that the need to manage an economy that is slowing down meant it was highly unlikely to see the interest rate increased, since that would slow it further. The rise in inflation, up to 3 percent in April also meant that a rate reduction was not going to happen since that would further fuel the inflation rate.
Looking forwards the Abbey National feel there may be a cut in the interest rate later in the year, though it needs the inflation rate to be kept under control for that to happen.
