Wage growth ‘past its peak’ in boost for Bank of England’s attempts to contain inflation October 17, 2023 The rate of pay rises slowed from record levels in a boost for the Bank of England, but remained at elevated levels, official figures show. According to figures from the Office for National Statistics (ONS), average wage growth excluding bonuses was 7.8 per cent between June and August, down slightly from last month and in [...]
‘Uncertain’ economy gives another recruitment firm a balance sheet bruise October 11, 2023 Inflation and uncertainty over the economy has left another recruiter licking its wounds in the third quarter
Labour to strengthen workers’ rights ‘within first 100 days’, Rayner says October 8, 2023 Labour will implement plans to bolster workers’ rights within 100 days of taking office, Angela Rayner said today.
Hunt announces civil service hiring freeze as he aims to shrink the state October 2, 2023 Chancellor Jeremy Hunt today announced a freeze on civil service recruitment and pledged to shrink the size of the state.
Pay boost for 2m workers as Hunt to confirm living wage rises to £11 an hour October 2, 2023 Workers could see their pay packets feel heavier as Jeremy Hunt is set to announce a rise in the national living wage to at least £11 an hour.
Five times Rupert Murdoch changed Britain’s media landscape September 22, 2023 In the annals of British media history, Rupert Murdoch’s name is synonymous with sensational headlines and shocking twists – much like his newspapers. The media magnate announced that he is hanging up his boots as chairman of News Corp and the Fox Corporation, and passing on the job to his eldest son, Lachlan Murdoch. Here [...]
Pay growth slows again even as public sector awards hit record annual levels September 20, 2023 "This month’s data reinforces the XpertHR view that we have reached the peak of higher pay awards, and for the remainder of the year we can expect settlements and increases in pay to slowly begin to fall," Sheila Attwood, XpertHR senior content manager, said.
Doomsayers ‘proved wrong’: UK had third-fastest Covid recovery in G7, revised GDP data now shows September 1, 2023 New figures show the UK economy bounced back from the pandemic faster than had been thought.
Labour more trusted than Tories on Brexit and the economy, new poll finds August 29, 2023 Voters place more trust in Labour than the Conservatives on issues including the economy, tax policies, Brexit and unemployment, new polling has revealed. Sir Keir Starmer’s Labour Party secured a higher trust rating than the Tories on nine out of ten issues that voters were polled on by YouGov for The Times. Prime Minister Rishi [...]
Mass tech layoffs appear to be over – so when will the hiring start again? August 21, 2023 The episode of mass job cuts across the tech sector appears to have drawn to a close, with some research firms halting their regular data updates on tech layoffs. Tech analysts at Bernstein Research declared the “magnitude of tech layoffs” has settled after its peak in January, in an email sent to clients last Friday [...]