I Went From ₦80k to a £65k UK Job, but I’m Still Battling Black Tax

I Went From ₦80k to a £65k UK Job, but I’m Still Battling Black Tax

Six years ago, Ima* (27) earned ₦80k/month. Today, she’s a product manager in the UK earning £65k/year. Despite earning more than ever, her relocation has triggered an era of strict budgeting and radical money boundaries. In this story, she shares her income growth trajectory, how she’s navigating corporate UK as an immigrant, and why she is aggressively cutting down her black tax to protect her financial future. As Told To Boluwatife My career started in 2020, right after NYSC.  I studied English in university, which meant I had no clear idea what I wanted to do with my life. I was desperately broke and willing to take anything that paid. That was how I landed a role as a Business Development Executive at a jewellery company, earning ₦80k/month. It was a glorified sales role heavily tied to commission, but I still lived with my parents, so ₦80k was enough to buy myself stuff occasionally.  However, it quickly became obvious that my salary couldn’t fund the life...
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UK worker sacked after moving to France to work remotely

UK worker sacked after moving to France to work remotely

What happens to your UK job rights if you move to France Her contract described her main place of work as her “home office” wavebreakmedia/Shutterstock. A woman has lost an employment tribunal claim over unfair dismissal after the UK company she worked for fired her after she moved to France and continued working remotely from her French home. Iryna Malyk worked for Teleperformance Contact Ltd as a regional finance business partner (Europe) from May 2022 until her dismissal in August 2024.  Her contract described her main place of work as her “home office”. The company’s Bristol office closed in September 2022, after which she worked entirely from home. Then, in June 2024, Ms Malyk told her manager that...
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How People Without Degrees Are Snagging Corporate Jobs in the U.K.

How People Without Degrees Are Snagging Corporate Jobs in the U.K.

Bruce Devlin’s tech career is flourishing. He’s been promoted twice in the past four years, most recently to the role of senior quality engineer at 2i, a software testing company.  Devlin, 26, has even built his own system outage monitoring tool, and is developing his own video game. In recognition of his talent and passion, he was named a “rising star” at the 2026 ScotlandIS Digital Technology Awards. “I often introduce myself as a big nerd. I’ve always been super into tweaking and tinkering with programming and computers. Since I was a kid, I loved all things to do with video games, movies and TV shows, and I just wanted to make my own games and technology,” says Devlin, who’s based in Glasgow, Scotland. “Just being a contributing member of society is an amazing achievement,” says Devlin. Courtesy of JP Morgan Glasgow “I’ve now got a bunch of extracurricular projects that I essentially just reinvest all my salary back into, to make cool tech...
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Prioritise new jobs over green targets to win public contracts, firms told

Prioritise new jobs over green targets to win public contracts, firms told

Andy Burnham will tell firms bidding for public contracts to prove they are creating jobs rather than meeting green and social targets in a bid to get more people into work.The prime minister will overhaul the £90bn public procurement system so bidders have to show they are supporting young people into work and addressing local skills shortages.It comes as the government seeks to tackle the youth unemployment crisis, with Burnham saying he wants to create "growth in every postcode".But green groups criticised the plans, arguing supporting young people into work should not come at the expense of the environment.Companies bidding for government contracts are judged on a range of measures, including value for money and the extent to which they bring benefits to the local community. Under the changes, the weighting given to the benefits brought by companies will be doubled, from 10% to 20% for contracts worth £5m or more, the Cabinet Office said. Previously, this accounted for how...
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Are AI recruitment tools affecting mid-life women’s careers?

Are AI recruitment tools affecting mid-life women’s careers?

The fear of becoming surplus to requirements because of advancements in AI is one shared by millions of workers, but are AI recruitment tools posing a specific threat to women trying to return to employment?After a career spanning decades, with senior corporate roles in fashion, and a period of freelancing, 52-year-old Stacey Duguid decided to find "one last job". What followed was 16 months of sending "gazillions" of CVs, with little more than a handful of automated replies, despite never previously struggling to find work.Feeling "lonely and shameful" and wondering if it was a "me problem", she posted on social media asking whether other women her age were having the same experience. The response was overwhelming, with thousands of women saying they were facing similar struggles.Stacey, who lives in north London, believes AI-powered recruitment tools could be contributing to the problem and has "Botoxed" her CV by removing references to her age and experience."AI holds a mirror up to society....
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JP Morgan boss Jamie Dimon warns UK chancellor not to hike taxes on banks | JP Morgan

JP Morgan boss Jamie Dimon warns UK chancellor not to hike taxes on banks | JP Morgan

Jamie Dimon, the boss of the US bank JP Morgan, has urged John Healey not to use his first budget as chancellor to increase taxes on banks’ bumper profits.Speculation has been growing that a windfall tax could be imposed on UK lenders to fund Andy Burnham’s cost of living agenda, with campaigners estimating such a move could raise £19bn.Dimon told Healey in a phone conversation that higher levies could hit jobs, citing a fall in finance roles in New York that he blamed on the city’s tax regime.One person familiar with the conversation said the chief executive of the world’s biggest bank’s comments on tax were not specific to the UK, adding that Dimon was the first among many bank bosses to have an introductory call with the new chancellor, with calls with other chief executives to follow.The Wall Street billionaire’s remarks, first reported by the Financial Times, were condemned by Paul Nowak, the general secretary of the Trades Union...
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Pound To Dollar Price News, Forecast: GBP Eyes $1.36 As Fed Bets Fade

Pound To Dollar Price News, Forecast: GBP Eyes $1.36 As Fed Bets Fade

GBP/USD could extend its three-month high if stronger UK jobs data boosts BoE rate expectations, while softer US employment keeps the US Dollar under pressure. The Pound US Dollar (GBP/USD) exchange rate edged higher at the start of this week, striking its best levels since mid-May amid a further dovish repricing of Federal Reserve interest rate expectations. At the time of writing, GBP/USD was trading at around $1.3556. Up around 0.2% from Monday’s opening levels. Latest — Exchange Rates: Pound to Dollar (GBP/USD): 1.356146 (+0.21%) Euro to Dollar (EUR/USD): 1.158915 (+0.16%) Dollar to Yen (USD/JPY): 159.36153 (+0.03%) DAILY RECAP: The US Dollar (USD) stumbled on Monday, reaching fresh multi-month lows as investors continued to unwind expectations for further Federal Reserve interest rate hikes. A recent run of softer-than-expected US economic releases has increasingly challenged expectations the Fed will tighten monetary policy in the coming months, with the majority of investors no longer pricing in a September rate hike. The latest setback came from Friday’s US retail sales figures, which revealed...
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British Pound Edges Higher as Traders Await UK Jobs and CPI Data | Forex News inflation

British Pound Edges Higher as Traders Await UK Jobs and CPI Data | Forex News inflation

BitcoinWorldBritish Pound Edges Higher as Traders Await UK Jobs and CPI Data The British pound traded marginally higher against the US dollar on Monday, as market participants positioned ahead of a busy week of UK economic data that could influence the Bank of England’s next policy move. As of the latest session, GBP/USD hovered near 1.27, reflecting cautious optimism despite lingering concerns over domestic inflation and labor market softness. UK Jobs Data and CPI in Focus Investors are closely watching the upcoming UK employment report and consumer price index (CPI) figures, scheduled for release later this week. These data points are expected to provide clearer signals on whether the Bank of England will begin cutting interest rates in the coming months. The jobs report, due on Tuesday, is forecast to show a further cooling in wage growth, while Wednesday’s CPI reading is anticipated to confirm that inflation is gradually easing toward the central bank’s 2% target. Economists polled by Reuters expect average earnings excluding...
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UK labour market cools further as wage growth slows and vacancies hit five-year low

UK labour market cools further as wage growth slows and vacancies hit five-year low

Britain’s labour market showed fresh signs of losing momentum in the second quarter, with private-sector wage growth slowing to its weakest pace since 2020 and job vacancies falling to their lowest level in more than five years. Britain’s labour market showed further signs of cooling in the second quarter, as private-sector wage growth slowed and the number of job vacancies fell to its lowest level in more than five years, adding to the Bank of England’s policy dilemma.Private-sector regular earnings rose 2.8 per cent year-on-year in the three months to June, the weakest growth since October 2020, official data from the Office for National Statistics showed on Tuesday.The slowdown in wage growth is closely watched by the Bank of England because it provides a key gauge of domestic inflation pressures. The figure was in line with the central bank’s forecast published last month.The labour market data nevertheless weighed slightly on sterling, as the unemployment rate held at 4.9 per cent,...
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British Pound dips to fresh lows near 1.3520 after mixed UK employment data

British Pound dips to fresh lows near 1.3520 after mixed UK employment data

The British Pound (GBP) extends its reversal against the US Dollar (USD) on Tuesday as June’s UK unemployment data fails to convince investors in an already risk-off market, as tensions in the Middle East rise. The GBP/USD trades at 1.3522 at the time of writing, following rejection at the 1.3570 area on Monday.UK ILO Unemployment remained steady at 4.9% in the three months to June, against expectations of a decline to 4.8%, according to data released by National Statistics on Tuesday. Employment increased by 83K, well below the 147K rise posted in May. On the positive side, unemployment claims declined by 11K, against expectations of a 11.2K rise following a downwardly revised 6.4K decline in the previous monthWage inflation accelerated, with Average Earnings Excluding Bonus increasing by a 3.5% yearly rate in the three months to June, from 3.4% in the previous months, suggesting that salaries will keep pushing inflationary pressures higher.Rising geopolitical tensions support the US DollarThe US Dollar...
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