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A third of recent graduates in unskilled jobs

Recent graduates feel the pinch, but are still better-off than those without degrees More than a third of recent graduates are employed in low-skilled jobs, official figures show. In the final quarter of 2011, 35.9% of those who had graduated from university in the previous six years were employed in lower-skilled occupations, the Office for [...]

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Child benefit row presents ministers with unpalatable solution

IFS’s simple proposal could stop plan’s ‘unintended consequences’, but ministers are not likely to bite The Treasury must square a circle if it is to continue with its controversial plans to cut child benefit for higher earners and prevent a backbench rebellion. The current plan, to cut child benefit for households that include one higher-rate [...]

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Child benefit changes could be watered down, says Nick Clegg

Deputy PM reveals government is looking at unintended consequences of scrapping benefit for middle class families The deputy prime minister, Nick Clegg, has confirmed that the government is considering watering down plans to abolish child benefit for middle class families. Clegg said the government was looking at the “unintended consequences” of the scheme but insisted [...]

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Hard-up parents call for help from ‘flying grannies’

Childcare costs are so high that families are calling on the support of grandparents who live overseas Soaring household bills, childcare costs, long working hours … modern families are under such extraordinary pressure that many are turning to a new superhero for help: the flying granny. Research by the Daycare Trust points to a trend [...]

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Petrol prices hit record high with further rises expected

Petrol rises to 137.44p a litre while diesel hits 144.60p, according to the AA, and the ‘prospects don’t look great’ Petrol prices are at record levels, with the price of a litre of unleaded fuel hitting 137.44p, according to the AA. It will now cost drivers more than £68 to fill up a typical 50 [...]

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Private tenancy evictions up by 17%

Analysis of county court possession order claims shows an increase from 12,500 to almost 15,000 in the three years to 2011 The number of tenants being evicted through the courts by private landlords has increased by 17% since the credit crunch began at the end of 2007. Analysis of possession order claims by legal information [...]

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