Age and Earnings UK Salary Insights
A recent analysis has highlighted substantial trends in salaries across different age groups in the UK.Middle-aged professionals currently enjoy the highest average earnings, peaking between the ages of 40 to…
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Surge in Essential Food Prices Exceeds 30% Over Two Years
Recent research reveals a sharp increase in essential food prices across the UK, impacting consumer budgets significantly. Despite a slight slowdown in inflation rates recently, core items such as cheese,…
Longer lorries to be allowed on Britain’s roads
Businesses will be able to transport more goods per load under new plans to allow longer lorries and longer semi-trailers on Britain’s roads. There are, however, some concerns about the…
UK banks no longer ‘too big to fail’, says BoE
The UK's top banks are no longer "too big to fail" in any future crisis, according to the Bank of England. A new assessment by the central bank considered whether…
Household incomes expected to remain below pre-pandemic levels for two years
UK households will remain worse off than before the pandemic for another two years, according to the Office for Budget Responsibility (OBR). Charlie Bean, a former Bank of England deputy…
Competition law suspended after panic buying of fuel
The UK government is suspending competition law in the fuel industry to help tackle shortages. It comes after days of long queues at petrol stations triggered by fears that a…
BCC warns of ‘hiring crisis’ as job vacancies hit record high
Businesses in the UK are facing an "acute crisis" in recruitment, the British Chambers of Commerce (BCC) has warned. It comes as official figures showed that the number of vacancies…
Support for circular economy could create thousands of jobs, says report
Transforming the UK’s approach to repair, reuse, recycling and remanufacture could create more than 450,000 jobs across the UK, according to a new report. The Green Alliance found that a…
Greggs returns to profit and plans to create 500 jobs
Greggs has reported stronger than expected sales and says it plans to create 500 new retail jobs in the second half of the year. The high street bakery chain made…
UK manufacturing maintains growth despite rising costs
Manufacturers in the UK saw another month of growth in July but are facing continued supply problems and price rises, new figures reveal. The seasonally adjusted IHS Markit/CIPS Purchasing Managers'…
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