With GDP growth slowing, UK faces ‘elevated’ risk of recession
Although recent business surveys have shown signs of growth in the UK economy, the country still faces a significant chance of a recession by the end of next year, the…
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Government urged not to ‘backslide’ on National Living Wage
The UK government should stick to its policy on the ?National Living Wage? (NLW), a think-tank said on Wednesday. The Resolution Foundation warned that limiting planned increases to the hourly…
Women ask for pay rises as often as men but have less success
New research dispels the theory that women get paid less than men because they are not sufficiently pushy in the workplace. The study Do Women Ask? found that women ask…
Fewer jobs available for UK graduates
The number of jobs on offer for new graduates in the UK has shrunk by 8% in a year, according to a survey of more than 200 employers. The Association…
Consumer confidence rebounds as Brexit shock subsides
Confidence among UK consumers increased by five points in August, with all five measures used to calculate the index score rising from July. Market research firm GfK reported on Wednesday…
Gender pay gap grows after childbirth
Women in the UK who return to work after having a baby lose out on wage progression, according to a new report by the Institute for Fiscal Studies (IFS). The…
ONS says construction output down 0.9% in June
UK construction output declined in June but there is ?little anecdotal evidence? to suggest that the EU referendum has had an impact, the Office for National Statistics said on Friday.…
Bank of England cuts interest rates to new record low
The Bank of England?s Monetary Policy Committee (MPC) has announced a cut in the base rate as part of a package of measures designed to boost growth following the UK?s…
New data shows impact of Brexit vote on UK economy
The UK economy is contracting at the fastest rate since the financial crisis, according to new figures released on Friday morning. The Markit/CIPS purchasing managers? index (PMI) stood at 47.7…
easyJet revenue down after Brexit vote, failed coup in Turkey and terror attacks
The UK?s Brexit vote and recent events in Turkey and Nice have contributed to a ?difficult and uncertain? operating environment, low-cost airline easyJet said today. In a trading statement for…
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