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UK inflation-adjusted pay lags France and Germany, OECD says

  Bloomberg The UK was the only European country in the Group of Seven nations where real incomes adjusted for inflation fell in the third quarter of last year, according to the OECD. Rampant inflation was to blame for continuing slide in household spending power, the Paris-based organization said, piling pressure on Prime Minister Rishi Sunak’s government and the Bank ...

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Dublin offices just 10% occupied on Fridays

  Bloomberg Average occupancy levels at many Dublin offices have fallen to 10% or lower on Mondays and Fridays as the majority of employees opt to work from home, according to a survey. Wednesday is the most popular day among workers to be in the office with employers reporting average occupancy rates of 61% to 70%, a survey of 500 ...

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Polestar and Rivian say EVs aren’t enough to hit climate goals

  Bloomberg Electric vehicle startups Polestar Automative Holding and Rivian Automotive Inc. are known for doggedly tracking their individual corporate emissions, detailing the environmental toll of everything from the lights in their factories to the rubber in their cars’ tires. On Wednesday, the EV rivals paired up with consulting giant Kearney to raise a flag on the industry more broadly: ...

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