UK tech diversity body to shutter as sector faces ‘going backwards’ June 18, 2024 A UK government-funded body working to increase diversity in the tech sector has decided to close despite saying there is a "real risk of going backward".
Premier Inn owner Whitbread hails improved Germany sales as London bookings falter June 18, 2024 Premier Inn and Beefeater owner Whitbread saw sales at its German hotels improve slightly, partially offsetting its stagnant occupancy rates in the UK.
Tesla, Google, Microsoft and Tiktok push tech layoffs total to nearly 100,000 this year June 17, 2024 A total of 326 tech companies have laid off more than 98,000 employees so far this year, according to online tracker layoffs.fyi.
Demand for workers remains strong despite loosening labour market June 17, 2024 "The number of active job adverts remains above 1.7m which shows steady demand for workers despite slow progress in the wider economy," Neil Carberry, chief executive of the REC said.
British Gas owner Centrica helps back £300m UK energy first June 13, 2024 Centric, the owner of British Gas, has helped raised £300m for the first commercial-scale liquid air energy storage (LAES) plant in the UK.
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".
Tata Steel ‘apprehensive’ of election’s impact on £1.25bn Port Talbot plans June 11, 2024 Tata Steel has raised concerns about the impact the UK's General Election on July 4 could have on its £1.25bn plans at its Port Talbot site.
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.
Election 2024: Labour pledge savings for parents as childcare policies fleshed out June 9, 2024 Free breakfast clubs in primary schools will save parents an annual £400, Labour has said, as the party begins to flesh out its plans for childcare policy.
