Over seven thousand companies and business leaders have issued a public call for urgent government action, pressing for the immediate implementation of the new North Sea fiscal regime. The demand
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French winemakers are contending with a convergence of challenges threatening the stability of one of the nation’s vital economic pillars. Representing the independent winemakers’ syndicate, JeanMarie Fabre has warned that
The influence of artificial intelligence on the UK economy is no longer a speculative matter. After years of discussion and anticipation, tangible impacts are emerging in employment figures and across
Official figures have revealed that millions in the United Kingdom are likely to remain on benefits indefinitely as the cost of worklessness escalates. Out of the eight million people claiming
Offshore oil and gas workers face strict new weight limit from November 2025 as safety rules tighten
The UK oil and gas sector is set to introduce a new industry-wide weight restriction that could leave thousands of offshore workers facing dismissal unless they slim down. From November
A sharp decline in the employment rate among participants of a government-backed work experience initiative has cast doubt on its efficacy and value for taxpayer money. The Sector-based Work Academy
For Alfie, aged 24, the search for employment has at times felt fruitless. Job descriptions increasingly list a full driving licence as essential, even for positions with no clear expectation
Britain now boasts one of the highest minimum wages globally, outpaced only by Luxembourg, Iceland and the Netherlands. Workers aged over 21 in the UK earn £12.21 per hour, the
Tesco is reportedly in advanced talks to join a significant government-backed initiative aimed at curbing the rise in economic inactivity among Britons with health conditions and disabilities. The prospective partnership
The latest figures reveal that inflation in the United States ticked up slightly in August, largely due to businesses transferring the burden of Trump-era tariffs on to shoppers. According to
Businesses across the United Kingdom have been forced to shed jobs at the swiftest rate seen since 2021, as Rachel Reeves’s £25 billion payroll tax increase takes hold. According to
Rachel Reeves has acknowledged there is “more to do” on employment after fresh data revealed a slowdown in wage growth and a drop in payroll numbers in the latest quarter.
UK services sector faces largest drop in orders since 2022 warning signs for interest rates decision
The United Kingdom’s powerhouse services sector has suffered its steepest drop in new orders for nearly three years, piling pressure on the Bank of England as it prepares for its
British employers’ hiring confidence has plummeted to its lowest level in 13 years, despite indications of a summer uptick in economic output. The BDO Business Trends barometer reveals this significant
The Bank of England’s governor has revealed that the recent increase in employers’ national insurance contributions is having a more severe impact on employment and wage growth than initially projected,
British businesses are preparing significant workforce reductions and price increases in response to the £25 billion rise in payroll taxes introduced by Chancellor Rachel Reeves during the October budget, according
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