The UK’s labour market is experiencing significant changes affecting economic prospects.Unemployment has risen from 4% to 4.3%, impacting job security.Wage…
Browsing: wage growth
In a move to ease economic pressures, the Bank of England has cut interest rates to 4.75%.This reduction follows cooling…
The Bank of England has cut its interest rates to 4.75% in response to easing inflation and economic pressures facing…
UK households see a rise in disposable income as inflation eases.Asda reports a 12% increase in disposable income for August.Households…
August saw the UK inflation rate maintain its position at 2.2%, surprising many with core inflation climbing to 3.6%.The rise…
Despite high wage growth, 71% of UK business leaders believe they can meet employee pay expectations.UK wage growth has averaged…
Pay rises in the UK are predicted to slow as businesses face economic challenges. This trend, outlined by the CIPD,…