Benjamin Mendy: Did Manchester City score a £10m own goal by withholding wages? November 22, 2023 Mendy announced he is suing Manchester CIty earlier this week.
Wage growth nudges higher — what does this mean for the Bank’s war on inflation? November 21, 2023 Pay awards have picked up again in the last three months thanks to higher pay packets from the public sector, complicating the path to potential interest rate cuts.
Reasons to be cheerful? Why the UK could dodge a recession November 21, 2023 After the most recent GDP figures for the third quarter, it is all but certain that the UK will avoid a contraction this year. So are there still reasons to be optimistic about the UK's performance over the coming months?
Black Friday pain for Amazon as workers plan ‘largest day’ of strike action November 20, 2023 A trade union which represents Amazon workers has warned that this upcoming Black Friday will see the largest day of industrial disruption in the e-commerce giant’s history.
Government announces new £2.5bn programme to tackle long-term sickness November 16, 2023 Since the pandemic the number of people inactive in the UK due to long-term sickness or disability has risen by almost half a million to a record high of 2.6m.
As wage growth passes its peak experts are divided on the Bank of England’s next move November 14, 2023 The question is what will happen with wage growth over the coming months. Predictably, economists are divided.
Wage growth beats expectations as inflation beds into UK economy November 14, 2023 In its most recent Monetary Policy Report, the Bank of England suggested that unemployment will have to go higher than it previously thought in order to bring down wage growth.
UK millennials ‘still wearing economic scars’ of 2008 financial crisis November 13, 2023 While millennials in the US have mostly recovered from the impact of the 2008 crisis, their contemporaries in the UK continue to wear the “economic scars” of that period, according to a new research from the Resolution Foundation.
ONS considering bigger cash rewards to address drop in survey response rate November 12, 2023 The Office for National Statistics (ONS) is offering bigger cash incentives for participants in its surveys as it seeks to address the declining response rate.
Increasing signs of slack in UK’s labour market as firms report growing pool of workers November 8, 2023 The survey showed that starting salary inflation slipped to a 31-month low, although it remained "sharp".