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.
UK households would be £4,300 richer per year if pay growth had matched Germany and the US June 25, 2024 Households would be £4,300 a year better off if pay growth in the UK had matched average wages in Germany and the US since 2010, according to a new study.
Focus on health to cut ballooning welfare bill, new report argues June 20, 2024 The next government should focus on addressing underlying health conditions rather than embarking on a benefits "clampdown", a new report has argued.
Tesla, Google, Microsoft and Tiktok push tech layoffs total to nearly 100,000 this year June 17, 2024 A total of 326 tech companies have laid off more than 98,000 employees so far this year, according to online tracker layoffs.fyi.
Demand for workers remains strong despite loosening labour market June 17, 2024 "The number of active job adverts remains above 1.7m which shows steady demand for workers despite slow progress in the wider economy," Neil Carberry, chief executive of the REC said.