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Amazon Raises Minimum Wage Rates in UK

E-commerce giant, Amazon has announced that it is increasing its minimum wage to £10.50 per hour for the London area and £9.50 an hour for the rest of the UK for all full-time, part-time, temporary (including those hired by agencies), and seasonal employees with effective from November 1, this year.

The new Amazon £10.50, £9.50 minimum wage will benefit more than 17,000 Amazon staff, as well as over 20,000 seasonal employees, the company said.


"...this will impact more than 37,000 employees across the country, resulting in higher pay for them and their families," said Doug Gurr, Amazon VP and UK Country Manager commenting on the salary hike.

Employees will continue to receive Amazon's industry-leading benefits, including, comprehensive benefits package, such as private medical insurance, life assurance, income protection, paid breaks, and others, the company said.

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Bank of England

Draft stablecoin regulations are expected to be released next month

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Bank of England rethinks stablecoin limits after crypto industry backlash

  • The Bank of England is reviewing earlier plans to cap how much stablecoin users can hold.
  • Draft stablecoin regulations are expected to be released next month.
  • Crypto firms say Britain risks falling behind other markets if rules become too restrictive.

The Bank of England is reconsidering parts of its proposed stablecoin restrictions after criticism from the crypto industry, signalling a possible shift in how Britain plans to regulate digital assets.

Speaking at CityWeek 2026, Deputy Governor Sarah Breeden reportedly said the central bank was now weighing alternatives to holding limits on stablecoins and could instead look at temporary caps on the total amount issued.

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