American employers unexpectedly reduced jobs in February, leading to a rise in the unemployment rate amid a strike by healthcare workers and severe winter weather. Non-farm payrolls decreased by 92,000
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The shadow monetary policy committee of The Times has recommended that the Bank of England should keep interest rates unchanged at 3.75 per cent in its upcoming meeting. This suggestion
The EY Item Club has issued a warning that UK unemployment is predicted to reach a five year high this year. Forecasts indicate a potential peak of 5.2 per cent
Last year proved to be one of the most challenging periods for jobseekers in the UK since the onset of the pandemic. Employment taxes surged by over £20 billion, leading
The World Bank has revised its growth forecast for the United States, projecting a 2.2 per cent increase for this year. This revision marks a 0.6 percentage point rise, reflecting
Britain’s economy has received an unexpected boost in the early months of 2025 following US President Trump’s sweeping tariffs imposed on nearly every international trading partner. The EY Item Club
The British government’s borrowing has surpassed official forecasts by £14.6 billion in the last financial year, pointing towards potential tax increases or spending reductions under Chancellor Rachel Reeves’ leadership. The
Household essentials, including food and beverages, might see price hikes of up to 20% in 2025 amid ongoing global supply chain challenges, according to industry experts. The Chartered Institute of
British businesses are showcasing remarkable optimism for 2025, with fresh survey data revealing that 70% of companies anticipate increased turnover in the coming year, marking a significant rise from 62%
