Unemployment creeps up as firms cut jobs following Reeves tax raid June 10, 2025 The unemployment rate has crept up to 4.6 per cent from 4.5 per cent, official data has revealed, putting Chancellor Reeves’ ambition of growing the UK economy and getting people into work under threat. It is the highest unemployment rate in three years, with the UK economy then recovering from the pandemic. Figures released by [...]
Anthropic boss: AI will take half of entry level jobs in the UK May 30, 2025 Anthropic CEO has warned that AI could eliminate up to 50 per cent of entry-level white-collar jobs in the UK within five years.
UK wage growth remains hot as Bank of England set to decide on interest rates March 20, 2025 Wage growth has continued to soar, new figures have revealed. The Office for National Statistics (ONS) said that annual regular pay, excluding bonuses, grew 5.9 per cent between November 2024 and January 2025. Total pay growth, which includes bonuses, increased by 5.8 per cent. “Overall pay growth remains relatively strong, with pay growth high in [...]
Labour’s Employment Rights Bill is ignoring the voice of business March 11, 2025 Labour's Employment Rights Bill will stop businesses taking chances on those who need them most, writes Michael Lorimer.
Wage growth accelerates again as concerns about inflation rise February 18, 2025 Wage growth accelerated again in the final quarter of last year, new figures show, in a reminder that the UK economy still faces sticky price pressures.
Goldman Sachs: Why Budget tax hikes may hit harder than economists expect December 3, 2024 The research from the US investment bank is the latest attempt to get to grips with the likely impact of the tax changes announced in October's Budget.
New labour force survey could be delayed to 2027 amid falling participation December 3, 2024 Since the pandemic, the ONS has struggled with falling response rates to its flagship labour force survey (LFS), which has raised questions over the accuracy of its data.
Vauxhall owner Stellantis puts over 1,100 jobs at risk with plans to shut major factory November 26, 2024 The Dutch carmaker said it would instead consolidate electric van production at Ellesmere port in Cheshire, unveiling a £50m investment.
Youth unemployment is at a decade-high. Ignoring it will breed division November 23, 2024 Being left behind while others prosper creates fertile ground for extremism. So we can't afford to ignore youth unemployment, writes Russell Hobby.
Business groups warn of jobs market slowdown following Budget November 12, 2024 Alexandra Hall-Chen, principal policy adviser for employment at the Institute for Directors (IoD) said the figures point to a "concerning trend" in the labour market.