Economy NEWS

UK farmers face migrant labour shortage

British agriculture is facing a labour shortage as recruitment agencies warn they cannot find enough workers to pick this year’s fruit and vegetable harvest, according to BBC News. More than half of recruitment … Continue reading “UK farmers face migrant labour shortage”


Markit survey reveals state of UK manufacturing

A Markit survey has revealed that UK factories experienced growth in May for the first time in six months, but there are serious underlying weaknesses in the sector, according to Reuters. The Markit/CIPS … Continue reading “Markit survey reveals state of UK manufacturing”


DB pensions deficit down £53bn in a month

Deficits in UK private defined benefit (DB) pension schemes fell to £78bn at the end of April, down by £53bn in the last month according to data from JLT Employee Benefits reported by … Continue reading “DB pensions deficit down £53bn in a month”


Bank of England likely to delay interest rate rise

The Bank of England has been put under pressure to delay raising interest rates, according to the Guardian. The move comes after figures for manufacturing and consumer credit indicated weakness in the UK … Continue reading “Bank of England likely to delay interest rate rise”


Rate of working mothers up 50% in four decades

The proportion of UK mothers of working age in employment has risen by almost 50% since the 1970s, according to the Institute for Fiscal Studies (IFS). As reported by BBC News, a report … Continue reading “Rate of working mothers up 50% in four decades”


No more rail franchises before review, says committee

A parliamentary committee has described the UK’s rail franchising system as ‘broken’  according to Reuters. The Public Accounts Committee (PAC) said that no further franchises should be awarded before a government review is … Continue reading “No more rail franchises before review, says committee”


Britain goes three days without coal-powered electricity

Britain has gone three days without electricity generated from coal, the longest period since the 1880s that the nation has been without the fuel source, according to BBC News. From Saturday morning at … Continue reading “Britain goes three days without coal-powered electricity”


MPs warn of ‘disastrous’ impact of no-deal Brexit for UK food and drink industry

A parliamentary committee has warned that a no-deal Brexit would be ‘disastrous’ for food and drink firms in the UK, according to BBC News. The Business, Energy and Industrial Strategy committee said leaving … Continue reading “MPs warn of ‘disastrous’ impact of no-deal Brexit for UK food and drink industry”


Big companies use apprenticeships to cut costs, according to report

Low-skilled jobs are being reclassified as apprenticeships by companies in a bid to gain subsidies for training workers, according to a report from the think tank Reform. The centre-right think tank says companies … Continue reading “Big companies use apprenticeships to cut costs, according to report”


Cold weather sees biggest drop in construction since 2009

The ‘Beast from the East’  cold snap in March saw the UK construction industry experience its biggest drop in activity since the aftermath of 2016’s Brexit vote, according to Reuters. An industry survey … Continue reading “Cold weather sees biggest drop in construction since 2009”


Navigate Articles by Page ....

1 2 3 4 28