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unemployment

  • Heather Mills hits back after striking rescue deal for collapsed vegan food firm VBites

    January 22, 2024

    Heather Mills's vegan food business owed more than £10m when it collapsed into administration at the end of 2023, new documents have revealed.

  • Men are working much less than they used to. Women are picking up the slack.

    January 22, 2024

    Growth could be supported by a "continuing recovery in average hours to pre-pandemic levels," the ONS said. In other words, men need to get back to work.

  • How one manufacturer collapsed into administration owing over £100m before being rescued

    January 16, 2024

    The story of how a group that manufactured buses and police cars collapsed into administration owing more than £100m and led to over 150 people to lose their jobs has been revealed for the first time.

  • Princes falls to £50m loss and makes further redundancies as potential sale looms

    January 16, 2024

    Food giant Princes cut over 150 jobs while slipping to a loss of more than £50m despite its revenue rising by £300m, new documents have revealed.

  • Wage growth continues falling as signs emerge of loosening labour market

    January 16, 2024

    Policymakers at the Bank have repeatedly stressed that further progress is needed on wage growth to justify loosening policy.

  • UK jobs figures bolster case for interest rate hold but ‘experimental’ unemployment data ‘difficult to trust’, analysts say

    December 12, 2023

    The latest UK jobs data has bolstered the case for the Bank of England to hold interest rates on Thursday, according to analysts, as the labour market shows signs of cooling but inflationary pressures still remain.

  • Interest rates to remain ‘higher for longer’ if ‘experimental’ data turns out to be true

    November 30, 2023

    The figures were published by the Office for National Statistics (ONS) last month and are based on the earliest indicators from the Transformed Labour Force Survey, which the ONS hopes to roll out next March.

  • Government announces new £2.5bn programme to tackle long-term sickness

    November 16, 2023

    Since the pandemic the number of people inactive in the UK due to long-term sickness or disability has risen by almost half a million to a record high of 2.6m.

  • ONS considering bigger cash rewards to address drop in survey response rate

    November 12, 2023

    The Office for National Statistics (ONS) is offering bigger cash incentives for participants in its surveys as it seeks to address the declining response rate.

  • Increasing signs of slack in UK’s labour market as firms report growing pool of workers

    November 8, 2023

    The survey showed that starting salary inflation slipped to a 31-month low, although it remained "sharp".

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