Families facing ‘groundhog year’ in 2023 as living standards to be squeezed December 30, 2022 Families are facing a “groundhog year” as further squeezes on living standards take place in 2023, a think-tank has warned. While the year ahead may offer economic policymakers some relief, with signs inflation will ease and interest rates peak lower than feared, family finances face a repeat of 2022’s squeeze as the cost-of-living crisis deepens, [...]
Mining and retail stocks push FTSE 100 into the green after Christmas shopping boost December 29, 2022 The FTSE 100 has been given a boost by its top retail stocks as investors cashed in on the post-Christmas sales shopping, and as China is set to ease its Covid restrictions for inbound travellers from January 8. Among the top performers on London’s leading index on Wednesday were JD Sports Fashion, Next, Kingfisher and [...]
EXCL – Why Private Equity’s appetite for aggressive takeovers will only increase in 2023 December 29, 2022 It’s no surprise that economic turmoil often drives consolidation. Companies may be struggling to survive and looking to M&A as a way to drive value. Not to mention the current weak pound that makes UK-based businesses, especially those with a global footprint, more attractive to overseas buyers. City experts don’t expect that to change in [...]
Wealthy Brits see inflation as biggest threat in 2023 with worst sleep for older millionaires December 29, 2022 High-net-worth-individuals see inflation as the most significant risk to their personal finances in 2023. While younger respondents remain fairly confident in the future of the UK economy and their own wealth, older HNWIs express significant concerns. Just a third (34%) of 55-64s and less than a quarter (23%) of over 65s say they feel confident [...]
4 Reasons You Should Look For A New Job In 2023 December 26, 2022 It’s safe to say the job for life model of yore that your parents probably aspired to is about as relevant today as ping-pong and pool tables in an office where most of the workforce are doing their daily duties remotely. Redundant perks aside, there are lots of reasons why the start of the new [...]
Who’s winning the City’s talent war? The firms that paid the most in 2022 December 24, 2022 Where to find the best paid job? As strikes over pay have brought the country to a halt, it is notable that workers in one sector in particular have seen their pay packets bulge in 2022. Aside from criminal barristers, who carried out a month’s long strike this summer, those working in private sector legal [...]
2022: The year the UK economy soured December 23, 2022 Let’s not forget that inflation was already a problem heading into 2022. The final inflation reading of 2021 was for November and came in at 5.1 per cent, nearly three times higher than the Bank of England’s two per cent target and the highest level since September 2011, according to the Office for National Statistics [...]
UK economy contracts by more than first thought in third quarter as it heads for recession December 22, 2022 The UK economy contracted by more than first thought in the third quarter, with gross domestic product (GDP) dropping by a higher revised amount. GDP fell by a revised 0.3 per cent, compared to an initial estimation of a 0.2 per cent decline, fresh figures from the Office for National Statistics revealed on Thursday. It [...]
Sercanto’s effort against UK recruiting decline December 21, 2022 | Sponsored The year 2022 ends with a bit of bitterness for the UK job market. The latter has in fact recorded a significant drop in hiring and, according to the forecasts, the trend could continue for 2023. The main reasons leading to this reduction are two: 1. Poor economic outlook discourages employers from investing and hiring [...]
3 Ways To Keep Your Job Search Going This Month December 21, 2022 Have you seen the meme? The one where the man answers every work related question from mid-December on with “that’s 2023’s problem”? Funny? Yes. Clever? No. Those who want to make career strides in 2023 know that among the parties, carol services and mince pie-filled lunches comes a continued effort to maintain momentum––especially if you’re [...]