Bank of England gets the ‘green light’ for another rate cut following wage figures September 10, 2024 For the second month in a row the figures show that pay growth eased markedly even while unemployment edged lower.
UK unemployment falls unexpectedly as wage growth slows to two-year low August 13, 2024 UK unemployment unexpectedly fell in the three months to June while a slowdown in wage growth to its lowest level in more than two years added to signs that the jobs market is cooling.
Six graphs the Bank of England will study before August interest rate decision July 24, 2024 For the first time since last September, there is genuine uncertainty about the Bank of England’s next move on interest rates. The Monetary Policy Committee (MPC) will meet next Thursday, with markets putting the odds of a cut at about 40 per cent. There’s enough evidence of disinflation to warrant a cut. Similarly, more hawkish [...]
Election 2024: Labour to guarantee work experience to all secondary pupils June 27, 2024 The Labour Party has pledged to offer a minimum of two weeks' quality work experience and recruit over 1,000 new careers advisers.
Election 2024: Benefits ‘less dignified’ than work, Starmer toughens welfare line June 23, 2024 State handouts don’t deliver the “same sense of self-reliant dignity as a fair wage”, Sir Keir Starmer has said, as he toughens his party’s line on welfare.
August interest rate cut not a ‘slam dunk’ after ambiguous labour market data June 11, 2024 "The labour market is gradually easing," Rob Wood, chief UK economist Pantheon Macroeconomics said, but an August cut is "not a slam dunk".
Election 2024: Sunak wants to ‘scrap rip off degrees in favour of 100K apprenticeships’ May 29, 2024 Rishi Sunak has pledged to scrap “rip-off degrees” in favour of creating 100,000 more apprenticeships, in his latest election policy announcement.
Former immigration minister Jenrick says Tories must win back ‘on strike’ voters May 8, 2024 The Conservatives need to win back voters who have gone “on strike” over the failure to tackle immigration and extremism, Robert Jenrick has said.