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‘Don’t wait until you want revenge’ – why prenups are on the rise

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A woman with long, blonde hair talks into a microphone

Couples are also getting married later, points out Julia Rodgers, cofounder of US prenup platform HelloPrenup.

“You may have some [university] debt, maybe started a business or purchased a home. So you have a lot to protect and to lose by the age of 34,” she says.

What’s become known as “the Great Wealth Transfer” means some members of the younger generation are receiving huge assets to manage. It is often their parents who are the driving force behind ring-fencing those inheritances.

And while in the past prenups have been criticised for limiting women’s rights, Rodgers argues they have evolved and now benefit women like her by giving them the chance to clarify their rights from the start.

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“We want to make sure we have the honest, open, transparent conversations about life goals, about finances, about roles and responsibilities in the home, so that we can have a long, happy marriage and not end up in that position that we saw our parents in,” she says.

Celine says most of her friends think prenups are a good idea.

It only cost her a few hundred dollars online, but even if she had had to pay lawyers it would have been a worthwhile “investment” in the marriage she says, and less expensive, but probably more important than the wedding itself.

Best of all she and Charles have got the “hard conversations” out of the way.

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“We haven’t had a single argument about finances,” she says.

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Copper strength underpins bumper Rio Tinto dividend

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Copper strength underpins bumper Rio Tinto dividend

Rio Tinto will pay investors their largest dividend since 2022 off the back of booming copper prices and strong iron ore production.

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Trump administration bans new Chinese humanoid robots

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The Trump administration on Tuesday announced a ban on new foreign-made humanoid robot imports to the US over “unacceptable risks” to the country’s national security.

The move applies to advanced robots – including humanoid and four-legged machines. Many of them are made in China, which is locked in a race with the US to develop robotics and artificial intelligence (AI).

The Federal Communications Commission (FCC) also banned the import of power inverters – a device used in data centres and solar panels – which it said could also pose a risk to the US economy.

FCC chairman Brendan Carr said the agency was doing its part “to secure America’s critical supply chains”.

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The BBC has contacted the Chinese embassy in Washington as well as major Chinese robot manufacturers Unitree, UBTech and AgiBot.

The FCC has added the items to its Covered List – a register of goods and services that are deemed a risk to US national security.

The ban applies to new foreign-produced advanced robotic devices and power inverters and does not prevent the sale or import of any existing models that had been previously authorised by the FCC.

The FCC cited concerns that the use of foreign-made inverters could allow overseas firms to turn them off, steal data, facilitate remote access and surveillance by “foreign government actors, or be otherwise exploited through a cyberattack.”

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It added that the use of robots made outside the US could allow “malign actors to surveil Americans, enhance the capabilities of foreign intelligence services, or to remotely commandeer the robots.”

Chinea’s exports have come under intense scrutiny by the US as the Trump administration attempts to address trade imbalances with the world’s second largest economy.

Despite being the world’s biggest exporter of electric vehicles, China has been effectively shut out of the American market by a 100% tariff.

US Treasury Secretary Scott Bessent has also warned that Chinese AI firms could face sanctions over allegations that they have stolen American intellectual property.

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In response the Chinese government has said its country’s development of AI was “the result of its own dedication and effort as well as international cooperation”.

Chinese technology firms have rapidly developed humanoid robots to be used in settings including factories and homes.

Companies have also been quick to market their machines to businesses and the public ahead of US humanoid robot rivals like Elon Musk’s Tesla and Boston Dynamics.

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American Airlines flights briefly grounded nationwide

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American Airlines flights briefly grounded nationwide

American Airlines on Tuesday said flights are resuming after the Federal Aviation Administration (FAA) issued a nationwide ground stop for all flights following a systemwide IT outage that disrupted operations across its network.

“A technology issue briefly impacted connectivity for some of our systems on Tuesday evening,” the airline said in a post on X. 

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“Systems are coming back online now and flights are departing again. We put a temporary ground stop in place while our teams worked to resolve the issue. We apologize to our customers for the inconvenience.”

Earlier, the airline acknowledged the outage and said its IT team was working to restore affected systems as quickly as possible.

“We’re currently experiencing a systemwide IT outage. Our IT team is working to get everything restored as quickly as possible,” the company said. 

“Our team’s working hard to get everyone back on track asap, and we’re sorry for the inconvenience,” the air carrier added. 

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The airline has not said what caused the outage.

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This is a developing story. Check back for updates.

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Fair Work Agency inquiries up 87% as holiday pay role nears

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Fair Work Agency inquiries up 87% as holiday pay role nears

The Fair Work Agency, the labour market enforcement body created in April under Labour’s Employment Rights Act, responded to 2,741 labour abuse inquiries in the first quarter of this year, up 87 per cent on the same period a year earlier, according to its chief executive, Lisa Pinney.

National minimum wage inquiries rose 19 per cent to 2,933 over the same period. Pinney attributes the increase to “greater awareness” about workers’ rights and about the agency itself.

The agency asks itself two questions daily, Pinney says. The first: “How do we get money that’s owed back to individuals?” The second, in serious cases: “How do we make sure we take legal action to prevent it from happening again?”

Its remit is set to widen. The government has not yet fixed the date from which the agency will take responsibility for policing holiday and sick pay. A Department for Business, Innovation, Science and Trade consultation on holiday pay compliance and enforcement closes on 22 September.

The Resolution Foundation, a think tank, estimates that 900,000 workers a year have some holiday pay withheld, with the total owed worth about £2.1 billion. The Low Pay Commission estimates that about 371,000 people were underpaid the national minimum wage in 2024.

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The agency has replaced the Employment Agency Standards Inspectorate and the Gangmasters and Labour Abuse Authority, which had a combined annual budget of £47 million. The merged body has a budget of £60 million, a team of 650, and works alongside the National Minimum Wage compliance team.

Last week, agency staff visited a fruit farm in Scotland alongside other government agencies following reports of poor working and living conditions, including mouse and rat infestations in caravans housing workers, inconsistencies relating to pay and hours worked, and excessive working hours. Some of those affected were foreign citizens working under the UK’s seasonal worker visa scheme. The farm owner has made improvements since the visit.

At the same time, minimum wage enforcement officials wrote to employers in Yorkshire and the Humber, Dorset and Hampshire to check payrolls ahead of planned investigations in those areas.

Businesses that identify underpayment of salaries, sick pay or holiday pay can avoid enforcement action by disclosing it and making good the arrears. Employers who are caught are likely to be fined and can be named and shamed. Last October, nearly 500 employers were fined more than £10 million for failing to pay the minimum wage, with £6 million received by 42,000 employees. The companies included Centrica, Cineworld and Holland & Barrett.

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Pinney says she is open to extending naming and shaming to other areas, such as holiday and sick pay. “It does drive change,” she says.

Industry groups have raised questions about how the new rights will be enforced in practice. The Recruitment and Employment Confederation supports the agency’s creation and its pledge to help employers, but wants risk-based enforcement.

“It can be easy to find areas where there are unintentional errors or minor infringements, but it is really important to find those rogue operators who may not be so plainly in sight,” says Lorraine Laryea, the confederation’s chief standards officer.

Pinney says the agency will set out its approach before new powers commence. “As the various different powers are switched on there will be communications ahead of that so that businesses are clear what’s going to happen and how,” she says. “There won’t be any situation where we’re going to say ‘this power is switched on tomorrow, we’ll be on your doorstep’.”

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The agency will take covert action where it has intelligence of serious breaches, working with bodies including the National Crime Agency. Its stated preference is otherwise to give notice. “We would much rather support and enable businesses to do their reviews, to do the right thing, to make any changes,” Pinney says. “We recognise most businesses want to do the right thing. We also recognise that people make mistakes.”

Its powers include civil penalties, legally binding undertakings, applications for director disqualification and recommendations to prosecute. It can fine employers who do not pay employment tribunal awards or Acas settlements, bring tribunal claims on behalf of individuals, and offer legal assistance in civil proceedings.

Social care and construction are the agency’s two priority sectors. The cash-in-hand “grey economy”, including hand car washes and nail bars, is also under scrutiny. Pinney has begun discussions with Companies House, HMRC and the Insolvency Service on directors who place companies into administration, leaving unpaid wages and tax, then restart the same business, a practice known as phoenixing.

The agency also has power to prosecute exploitation under the Fraud Act, which requires a lower evidential bar than modern slavery legislation. The Gangmasters and Labour Abuse Authority was reported to have dropped more than 100 cases involving the exploitation of migrant workers because they did not meet the legal threshold.

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“Bad things are happening and we want to take action, but we haven’t been able to meet that bar for modern slavery previously,” Pinney says. “We think these new powers will help.”

Pinney joined in April from the Mining Remediation Authority, having previously been an executive at the Environment Agency. She plans a Fair Work Assembly in the autumn, bringing together academics, unions, government agencies and businesses. The agency is also working with Acas on a digital “shopfront” for employers. “Businesses want to get information from one place,” she says.


Jamie Young

Jamie Young

Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the ‘covid era’ and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine’s coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

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Riverview earnings matched, revenue fell short of estimates

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Riverview earnings matched, revenue fell short of estimates

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NXP Semiconductors N.V. (NXPI) Q2 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript