Inflation easing – but wage growth still a threat, Bank of England panel warns January 4, 2024 The figures suggest that the surprisingly fast progress on bringing inflation down to the two per cent target still has further to run.
‘Something needs to change’: Firms to tackle productivity growth problems with AI investment December 28, 2023 The UK has suffered from more or less stagnant productivity growth since the financial crisis.
Government rows back on £38k family visa earning threshold hike December 22, 2023 Ministers have rowed back on plans to hike the earning threshold Brit need to bring foreign family members to live in the UK to £38,700.
Wage growth expected to continue in 2024 as employees hold all the cards December 20, 2023 Looking ahead into next year, Sheila Attwood, XpertHR senior content manager, data and HR insights, said wage growth would ease - but only slightly.
‘Further evidence’ needed to show wage growth is falling, Bank’s Broadbent warns December 18, 2023 The Bank of England needs "further evidence" that wage growth was decisively cooling before cutting interest rates, a member of the Monetary Policy Committee (MPC) said today.
Skills shortages? London continues to see fewest apprenticeship starts per 1,000 December 18, 2023 London has continued to see the fewest apprenticeship starts by population of any region in the UK, amid warnings of a “recruitment crisis” facing the city.
UK jobs figures bolster case for interest rate hold but ‘experimental’ unemployment data ‘difficult to trust’, analysts say December 12, 2023 The latest UK jobs data has bolstered the case for the Bank of England to hold interest rates on Thursday, according to analysts, as the labour market shows signs of cooling but inflationary pressures still remain.
Hospitality firms blast government migration plans for ‘shrinking talent pool’ December 5, 2023 The UK’s hospitality industry has warned that government plans to cut the levels of legal migration into the country will compound the existing labour shortage in the sector.
Labour has no plans to change pensions triple lock, Kendall says December 5, 2023 Labour has “no plans” to change the pensions triple lock, shadow work and pensions secretary Liz Kendall has said.
Business groups slam government’s ‘politics over economics’ migration plans December 5, 2023 Salary thresholds for skilled worker will be increased to £38,700, under new plans to cut the levels of legal migration into the UK, ministers have confirmed.