Employment support needs to be a ‘top priority’ as long-term sickness hits new record June 11, 2024 New figures out today showed that 9.4m people were economically inactive in the three months to April, up nearly 400,000 on last year, with long-term sickness a major contributor.
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".
Wage growth barely moves but unemployment creeps up as Bank of England considers rate cuts June 11, 2024 The figures will be closely scrutinised as policymakers at the Bank of England consider when to cut interest rates.
What’s going on with Reform’s proposed overhaul of Bank of England reserves? June 11, 2024 Tice said the policy would raise £35bn over the next five years, a figure which leading tax lawyer Dan Neidle described as "magic".
FTSE 100 today: Blue-chip set for muted open ahead of Fed decision; UK jobs data key for direction June 11, 2024 US stocks hit record highs, Asian markets were mixed and Apple shares dipped after the AI demo. All eyes are now on the UK jobs report.
Big business backs big government June 10, 2024 Miles Roberts, chief executive at FTSE 100 firm DS Smith, said that this was particularly important given the progress made by other jurisdictions on a green economic plan.
Navigating the Challenges of the Legacy of Private Finance Initiative (PFI) Hand-backs: Strategies for the Public Sector June 10, 2024 | Sponsored While PFI had its heyday in the past, its legacy continues to present challenges for the public sector today as they navigate the complexities of asset hand-backs and financial obligations. The Private Finance Initiative (PFI) was initially introduced in the UK by the Conservative government in 1992 during John Major’s tenure as Prime Minister. In [...]
Reform pledges ‘Great British tax cut’ funded by raid on the banks June 10, 2024 "You cannot tax your way out of a crisis," Richard Tice said, "you grow your way out of it".
Why Labour will need to fix the UK’s labour market to unlock economic growth June 10, 2024 Its easy to see why an economy's labour market is important for boosting economic growth, and indeed a growing labour market has been one of the major drivers of growth over the past few decades.
FTSE 100 today: Blue-chip set to open lower amid stalled Fed cut bets and EU political uncertainty June 10, 2024 Asian stocks dipped and the euro weakened after far-right gains in the EU elections. All eyes are on the US Fed and BOJ policy decisions.