Improved digital connectivity is essential to the growth of freelancing and contracting in the UK. That’s why this week’s 5G auction, and the ensuing bidding war, is good news for all concerned. We take a look at that, and some other topics of interest, in this week’s Weekend Reading.
“The mobile operator O2 has spent more than half a billion pounds to bolster its network and prepare for the introduction of 5G technology, in a vote of confidence by its Spanish owner Telefonica viewed as essential to plans for a blockbuster stock market float.
The telecoms regulator Ofcom said an auction of mobile airwaves had raised a total of £1.4bn from Britain’s four main operators.”
“London’s financial industry and several regional manufacturing industries account for a large chunk of the recent slowdown in UK productivity growth, new analysis from the Office for National Statistics said today.
The capital’s financial services industry – and several regional manufacturing industries – made a considerably reduced contribution to productivity growth in the five years to 2016 than over the five years to 2007.
The ONS said services industries in London and the South East were also prevalent among the regional industries whose contribution had fallen the most.”
“Dismal, depressing, and even worse than we thought. The results of the UK’s first compulsory survey into the gender pay gap are in, with insurance companies among those to report sizeable gaps. But what do they add up to, other than a cause for outcry and corporate squirming?
The early reports at least had novelty value, with first movers, such as EasyJet Plc, getting more time than they wanted to explain in public why they paid male employees more than women. As further disclosures trickled in, the relentlessness of the pay gap became clear. Companies with big disparities shame-facedly tried to mitigate the damage by saying they were doing everything they could to foster a culture of inclusion.”
Female NHS staff earn 25 per cent less than their male colleagues, according to data on more than a million workers.
The gender pay gap among full-time doctors is 15 per cent, but rises to 26 per cent when part-time work is included, data from NHS Digital shows. The average earnings for all male doctors is £88,613, compared with £65,236 for women.
For nurses and porters the gap shrinks to 4 per cent. Overall among NHS staff, full-time men earn an average of £37,470 and women £28,702. This rises to a gap of 36 per cent taking part-time work, bonuses and overtime into account, with the average man earning £44,166 compared with £28,017 for women.
Yesterday more than 100 employers continued to submit figures to…