Wage growth slows faster than expected and unemployment picks up slightly March 12, 2024 Developments in the labour market are crucial for assessing whether inflation is under control, enabling the Bank to ease the cost of borrowing.
Changing jobs might no longer mean a pay rise as salary hikes slow March 11, 2024 Starting salary inflation eased to its slowest rate in nearly three years, a closely watched survey showed, in the latest indication that slack is building in the jobs market.
How a little-known vaping group went from nothing to sales of $1bn in just two years March 9, 2024 How has a vaping group reached $1bn in sales in only its second year?
Jeremy Hunt admits National Insurance won’t be scrapped ‘any time soon’ March 7, 2024 Jeremy Hunt has admitted scrapping National Insurance (NI) - as he hinted at in Wednesday’s Budget - won’t happen “any time soon”.
Pay growth set to stay high in blow to Bank of England interest rate cut hopes March 7, 2024 The Bank’s most recent Monetary Policy Report suggested that there needed to be a “moderation in pay pressures” to bring down services inflation, a key gauge of domestic inflationary pressures.
Brake Bros makes first profit since 2018 after revenue jumps by £1bn March 7, 2024 Food and distribution company Brake Bros returned to profit for the first time since 2018 after its revenue increased by £1bn during its latest financial year.
Robert Walters: Recruiter slashed headcount as profit plummeted – with London hit hard March 7, 2024 Robert Walters said headcount had dropped to 3,980 from 4,356 the previous year, which it said was "reflecting a balanced approach to maintain core consultant capacity in most resilient markets".
Pagegroup: Recruiter ‘managed headcount’ down by 1,000 as profits hit by weak jobs market March 7, 2024 Pagegroup said as a "result of this action on headcount", its gross profit or free earner, which it uses to measure productivity, was 'flat'.
Spring Budget 2024: Hunt doesn’t rule out May election after £10bn tax cut March 6, 2024 Jeremy Hunt has announced the rate of National Insurance (NI) will be cut by two per cent in the Spring Budget as the government gears up for a rocky general election.
Cazoo puts New York listing in doubt as it announces major changes March 6, 2024 Cazoo has announced a major change to its business model, plans to cut jobs and the departure of its chief executive.