Employment support needs to be a ‘top priority’ as long-term sickness hits new record June 11, 2024 New figures out today showed that 9.4m people were economically inactive in the three months to April, up nearly 400,000 on last year, with long-term sickness a major contributor.
August interest rate cut not a ‘slam dunk’ after ambiguous labour market data June 11, 2024 "The labour market is gradually easing," Rob Wood, chief UK economist Pantheon Macroeconomics said, but an August cut is "not a slam dunk".
Tata Steel ‘apprehensive’ of election’s impact on £1.25bn Port Talbot plans June 11, 2024 Tata Steel has raised concerns about the impact the UK's General Election on July 4 could have on its £1.25bn plans at its Port Talbot site.
Wage growth barely moves but unemployment creeps up as Bank of England considers rate cuts June 11, 2024 The figures will be closely scrutinised as policymakers at the Bank of England consider when to cut interest rates.
Why Labour will need to fix the UK’s labour market to unlock economic growth June 10, 2024 Its easy to see why an economy's labour market is important for boosting economic growth, and indeed a growing labour market has been one of the major drivers of growth over the past few decades.
Election 2024: Labour pledge savings for parents as childcare policies fleshed out June 9, 2024 Free breakfast clubs in primary schools will save parents an annual £400, Labour has said, as the party begins to flesh out its plans for childcare policy.
More good news for the Bank of England as firms expect wage and price pressures to ease June 6, 2024 Yet another survey shows that the Bank of England's interest rate hikes are slowly squeezing inflationary pressures out of the economy.
Sour year for VK and Hooch maker as price rises fail to offset costs jump June 5, 2024 The maker of alcoholic drinks such as VK and Hooch saw its profit slashed as its costs surged despite the group raising prices.
Getir’s 2022 losses finally revealed ahead of UK exit and 1,500 job cuts June 4, 2024 Getir has only just published its UK accounts for 2022 - and they make for absolutely grim reading.
Price rises see sales surge at McVitie’s Digestives, Jaffa Cakes and Jacob’s Mini Cheddars maker June 4, 2024 Price rises helped sales surge at the maker of McVitie's Digestives, Jaffa Cakes, Jacob's Cream Crackers and Mini Cheddars in 2023, it has been revealed.