Business groups warn of jobs market slowdown following Budget November 12, 2024 Alexandra Hall-Chen, principal policy adviser for employment at the Institute for Directors (IoD) said the figures point to a "concerning trend" in the labour market.
Struggles continue at Asda as new owner looks to turn around supermarket giant November 12, 2024 The continuing struggles at supermarket giant Asda have been revealed with both Tesco and Sainsbury’s hoovering up its market share in the UK, according to new figures. Sales at the Leeds-based grocer totalled £4.242bn in the 12 weeks to 3 November, 2024, down from the £4.490bn it reported for the same period last year, the [...]
US election shows voters care more about inflation than growth November 12, 2024 Donald Trump's re-election as President has raised fundamental questions for Labour's economic and political agenda, writes Chris Dorrell
The Notebook: The consequences of spending, spending, spending November 11, 2024 Staggering government spending has become the norm since the pandemic, but the consequences are coming, writes Kokou Agbo Bloua.
Want to fix the gender pay gap? Pay women more November 11, 2024 The ONS‘ latest report reveals that the gender pay gap has decreased, albeit it at a glacially slow pace. While many commentators are hailing the results as a monumental shift in the balance for fair pay, Dr Nahla Khaddage Bou-Diab says that corporate initiatives backed by many of the City’s big players are slowing down progress The [...]
Direct Line considers cutting 550 roles as motor market remains ‘challenging’ November 11, 2024 Direct Line is considering cutting around 550 roles as the insurance broker battles with "challenging" market conditions.
Law firm Birketts expands global reach using London as launchpad November 11, 2024 Law firm Birketts has been revamping its brand beyond East Anglia, using its London move as a springboard to go global
Business Budget backlash builds as hospitality giants write to Chancellor November 11, 2024 The government is under increasing pressure to revisit its hikes to employer national insurance contributions and the minimum wage after a number of the UK’s largest employers voiced concerns about the impact of the changes on their costs and operations. Over 200 of the UK’s biggest hospitality businesses signed a letter to the Chancellor yesterday [...]
Iwoca: Fintech lender secures £200m debt to support larger SMEs November 11, 2024 Small business lender Iwoca has secured £200m of debt funding as the fintech looks to grow its market share through bigger loans.
The real reason Britain doesn’t build November 11, 2024 Planning isn’t the only reason we have a housing shortage, too many developments just aren’t economically viable, says Melanie Leech The government is undoubtedly right to focus its efforts on reforming the planning system. Ask the anyone in the property industry and they will say that the system is complex, burdensome, under-resourced, and prone to [...]