UK suffers biggest fall in jobs in four years November 12, 2019 The number of people in work in Britain fell at its fastest rate in four years between July and September, official figures have shown, in the latest sign that the UK’s booming jobs market is slowing. Read more: UK avoids recession but annual growth slowest in almost a decade The Office for National Statistics (ONS) [...]
‘Feel poor, work more’: UK employment driven by income squeeze, report says November 12, 2019 Britain’s record level of employment is the result of a post-crisis income squeeze that has driven people to work more to compensate for lower real wages, according to the Resolution Foundation think tank. Read more: UK avoids recession but annual growth slowest in a decade The UK employment rate has hovered around 76 per cent [...]
London falls out of top 10 best UK cities for living and working November 12, 2019 London is lagging behind other UK cities as a place to live and work, according to a new report, due largely to its very high cost of living. Read more: London house prices drop 1.4 per cent with market ‘in limbo’ Oxford was deemed the best place to live and work in the UK for [...]
Sterling jumps as Nigel Farage says Brexit party will not fight Conservatives in key seats November 11, 2019 Sterling has jumped against the dollar and euro after Brexit Party leader Nigel Farage said he will not fight the Conservatives in the 317 seats it won in 2017, giving a big boost to Prime Minister Boris Johnson. Read more: Brexit Party will not contest 317 Conservative-held seats at General Election Traders were heartened by [...]
Four charts that explain the UK economy’s latest slowdown November 11, 2019 Annual growth in the UK economy fell to its slowest pace in nine years in the third quarter, data showed today, although the country avoided slipping into a recession. Read more: UK avoids recession but annual growth hits slowest pace in a decade “This slowdown follows not only Brexit uncertainty at home, but a weaker [...]
UK avoids recession but annual growth slowest in almost a decade November 11, 2019 The UK economy avoided falling into recession in the third quarter of the year, official figures have shown today, but annual growth slipped to its slowest pace in nine years. A pick up in the giant services sector and a return to growth in construction boosted the economy, but the malaise in manufacturing continued with [...]
UK business confidence slumps to seven-year low November 11, 2019 Confidence among UK businesses tumbled to its lowest level in over seven years last month, according to a new report, as yet more political uncertainty cast gloom over the economy. Read more: Bank of England: Brexit deal and trade wars will hold back UK growth Businesses in Britain’s manufacturing sector were the most pessimistic. Manufacturers [...]
Women make up bulk of new non-exec directors for first time November 11, 2019 Women made up the majority of newly appointed non-executive directors to FTSE 150 boards last year for the first time, new analysis of UK boardrooms has shown. Read more: UK women earn £260,000 less than men over working life In the 2018-19 financial year, a record 72 per cent of FTSE 150 boards appointed a [...]
Employers positive about hiring with parties set for spending splurge November 11, 2019 Employers were optimistic that staff numbers will increase in the last three months of the year when polled in September, a survey has shown, as the promised “end to austerity” boosted expectations about job numbers in the public sector. Read more: General Election: Sajid Javid promises to rip up restrictive spending rules Yet despite the [...]
China trade expo yields results as US deal hangs in balance November 10, 2019 Trade deals worth $71bn (£56bn) were struck at the second China International Import Expo (CIIE) last week as Beijing sought to demonstrate its growing openness to the rest of the world, the country’s commerce ministry said today. Read more: S&P 500 in fifth week of gains despite Donald Trump casting trade deal into doubt The [...]
