UK unemployment will surpass pandemic high, says JP Morgan Economics UK unemployment will brush past its peak in the Covid-19 pandemic, Wall Street’s biggest bank has predicted, as employer’s still feel the brunt of Rachel Reeves’ cash grabs. The rate of unemployed Brits is tipped to reach 5.5 per cent by the late spring, according to a forecast by JP Morgan, which would mark an [...]
Unemployment hits post-pandemic high as wage growth slips Economics The labour market continued to loosen in the final quarter of last year, official figures show, with wage growth easing and unemployment climbing steadily higher. The rate of joblessness crept up to 5.2 per cent between October and December, according to the Office for National Statistics (ONS), the highest level since early 2021 and slightly [...]
Why business owners are telling the next generation to give up on Britain Opinion Despite the government’s lofty pledges to be the “start-up hub of the world,” confidence has fallen so low that only 17 per cent of owners would advise a young entrepreneur to start their business in the UK today, says Matthew Elliott When entering government, Sir Keir Starmer stated that wealth creation would be his “number [...]