Rising Skill Shortages in HR and Finance Sectors
A recent report highlights the increasing need for interim workers in HR and finance due to skill shortages.39% of interims are hired to fill short-term skill gaps left by permanent…
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economic challenges
Every Financial News story tagged economic challenges, newest first.
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British Construction Industry Faces Decade-low Sales
The British construction industry is experiencing a significant downturn, with asphalt and mortar sales reaching decade-low levels.New figures from the Mineral Products Association (MPA) reveal a continued slump in sales…
Fleet Electrification Inevitable and Imminent, Say Fleet Managers
New research highlights a significant tilt towards fleet electrification.80% of fleet managers see electrification as unavoidable and happening soon.98% of managers plan to expand their EV fleets within a year.Charging…
Carlton Forest Enters Administration Amid Economic Challenges
Overcapacity and rising costs have forced Carlton Forest into administration, impacting its operations and workforce.The firm's struggle with excess warehouse capacity reflects wider issues in the logistics sector.Rising operational costs…
Families Opting for Term-Time Holidays Under Financial Pressure
The ongoing economic challenges are prompting families to seek more affordable holiday options. Recent data emphasises a growing trend to book holidays during school terms, aiming to minimise costs despite…
Howard Tenens Economic Challenges Affecting Growth
Howard Tenens Logistics attributes its flat growth to uncontrollable factors.The company's turnover increased slightly to £107.5m, driven by warehousing.Transport turnover saw a decline of 1.2% due to external pressures.Rising energy…
Resilience in Travel Spending Amid Economic Challenges
Travel spending remains robust, outpacing other sectors despite widespread financial restraint. Recent data highlights this unwavering commitment to travel, signifying its importance to consumers.In-depth analysis of spending trends reveals a…
Jet2 Raises Profit Expectations as Bookings Surge
Jet2 has adjusted its profit outlook for the financial year, buoyed by a surge in early bookings and robust pricing. The company's proactive strategies have played a pivotal role amidst…
Ocado Investment Setback Robotics Start-Up Sold at a Fraction of Valuation
Ocado-backed robotics start-up Karakuri, once a promising venture, has been sold for merely £350,000. This sale occurred despite significant investments amounting to millions from prominent sources.Established in 2018 by entrepreneur…
Iceland Restructures Area Manager Role for Enhanced Efficiency
Iceland has recently restructured its area manager role, integrating responsibilities across both Iceland and The Food Warehouse stores within designated regions. This strategic change aims to enhance operational coordination and…
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