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UK rent rises forecast to outpace wage growth for three years | Housing

Rents are expected to outpace wage growth, despite rents already rising at the fastest pace in history in the UK following the coronavirus pandemic and cost of living crisis. The Resolution Foundation expects further pressure on millions of households, with average rents expected to rise by 13% over the next three years as high growth […]

Mod Pizza closes 5 California locations as minimum wage law takes effect

The popular West Coast pizza chain has closed five California locations just before the state enacts a new minimum wage law this month that increases fast-food workers’ hourly wages from $16 to $20. Mod Pizza, nicknamed the “Chipotle of pizza” with 500 stores across the U.S. and Canada, abruptly closed its store in Clovis, near […]

California’s new fast food minimum wage law poses headaches for school districts

California’s new $20-an-hour minimum wage for fast food workers will not only impact consumers who must pay higher prices for menu items, but also mean that some public schools will be forced to pay lower-paid cafeteria staff. Retaining employment may become more difficult. Cash-strapped school districts in the Golden State could be forced to compete […]

California minimum wage shocks fast food workers as restaurant closes: ‘Only the beginning,’ ex-manager warns

Former Foster’s Freeze assistant general manager Monica Navarro spoke on “The Bottom Line” about the sudden closure and other people’s reactions. Another California small business and its employees appear to be suffering from the state’s new $20 minimum wage. “I’m shocked,” Monica Navarro, former assistant general manager at Foster’s Freeze in Lemoore, said Wednesday on […]

Why some California businesses are exempt from fast food minimum wage hike

California’s newly enacted $20-an-hour minimum wage increase for fast food workers that took effect Monday will affect chains with locations in airports, hotels, event centers, theme parks, museums and grocery stores. does not apply. Last fall, California Governor Gavin Newsom signed Assembly Bill 610, which increases the minimum wage for workers employed by fast food […]