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unemployment

  • US unemployment miss: ‘Has the Fed made a policy mistake?’

    August 2, 2024

    US unemployment figures missed expectations today, jumping to 4.3 per cent, leaving analysts asking if the Federal Reserve had made a mistake not to cut interest rates on Wednesday.

  • BBC to cut hundreds more jobs over next two years

    July 23, 2024

    The BBC has announced plans to make a net reduction of 500 full-time roles over the next two years as it continues its move outside of London.

  • Carpetright: All you need to know ahead of redundancies and store closures

    July 23, 2024

    Carpetright has become the latest household name to fall into insolvency following the likes of The Body Shop, Ted Baker and online luxury fashion retailers Matches and Farfetch earlier this year.

  • Carpetright: Rival Tapi rescues brand out of administration as 1,500 jobs lost

    July 23, 2024

    Carpetright has been rescued out of administration but more than 1,500 jobs have been lost, it has been confirmed.

  • Wage growth eases as Bank of England considers interest rate cut

    July 18, 2024

    The labour market figures are the last major set of statistics before the Bank of England's latest interest rate decision in a couple of weeks time.

  • Cazoo racked up debts of over £260m as it collapsed into administration

    July 16, 2024

    Cazoo racked up debts of more than £260m as it collapsed into administration earlier this year, it has been revealed.

  • Carpetright: Retailers urged to make ‘bold decisions early’ to avoid same fate

    July 15, 2024

    Businesses have been urged to make "bold decisions early and "avoid kicking problems down the road" in the wake of reports that Carpetright is on the brink of collapse.

  • Yell eyes ‘ideal customer’ as it sinks further into the red and cuts jobs

    July 15, 2024

    Yell, the digital marketing and online directory business, sunk further into the red during its latest financial year as it focused on "attracting and retaining customers who meet our ideal customer profile exclusively".

  • Slowing jobs market hits profit at Robert Walters

    July 15, 2024

    The firm said June was the worst year of the month so far for fee income. Fees for the month dropped 18 per cent. Robert Walters said new job flow in the month was "weaker than expected."

  • Carpetright lines up PwC as looming administration puts thousands of jobs at risk

    July 12, 2024

    Carpetright is on the brink of collapsing into administration, putting thousands of jobs at risk.

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