66 results for "wages"

In February, the combination of wet weather and persistent cost of living challenges significantly dampened retail sales, leading to a meagre growth rate of just 1%. Many households opted to...

Chinese electric car brands are steering towards the UK, launching low-cost, long-range electric vehicles that pose a challenge to local manufacturers. With competitive pricing and advanced technology, these Chinese electric...

Jeremy Hunt received a pre-budget boost with the latest government borrowing figures revealing that the UK achieved a monthly budget surplus in January, marking a record since modern record-keeping began...

Recent reports highlight that high housing prices and insecure jobs in Britain are causing UK middle class households to grapple with financial struggles in their journey to maintain decent living...

Economists are pointing to a potential emergence of Britain's economy from recession, propelled by a significant surge in real wages. This wage surge is considered a pivotal factor in bolstering...

After enduring years of austerity and weathering the storm of the Covid-19 pandemic, Britain's economic growth faces a daunting reality an ailing workforce and businesses grappling with recruitment struggles. The...

Rishi Sunak's vow to foster economic growth hits a dissonant note as the UK unexpectedly plunges into recession. Shadow chancellor Rachel Reeves asserts that Sunak's commitment lies in tatters, painting...

Despite recent efforts to stabilize inflation, complaints persist among UK households as they continue to feel the impact of rising prices. The Consumer Prices Index (CPI), which peaked in 2022,...

The situation facing Bank of England rate setters became more complex today as official data revealed that wages had increased more than expected by the end of 2023. This unexpected...

Central banks must ensure they have fully addressed inflation concerns before considering interest rate cuts this year, according to the Organization for Economic Co-operation and Development (OECD). Despite revising its...

If Sir Keir Starmer's party secures victory in the general election, he is poised to introduce groundbreaking legislation. Reports suggest that under the proposed draft Race Equality Act, ethnic minority...

While the significant drop in forecasted inflation for 2024 may seem like good news for many households, experts are warning of potential deflationary risks in the United Kingdom. Anticipated Inflation...

Within the tumultuous landscape of the UK rental market, tenants find themselves navigating the daunting terrain of surging rent prices and fierce competition for available properties. The challenges are twofold,...

Analysts are increasingly noting the Bank of England's likely recognition of the unexpected progress in curbing inflation. However, the central bank remains hesitant about initiating interest rate cuts. The Bank...

The US job market ended 2023 with a robust expansion, adding 216,000 new jobs by the end of December, a figure that surpassed all expectations and reflected a healthy economy...

In recent years, Social Security has undergone several changes affecting recipients in different ways. While some alterations have been positively viewed, like the forthcoming 3.2% increase in benefits for 2024,...