Private sector wage growth hits six year low in latest UK data
Private sector wage growth hits six year low in the United Kingdom as official earnings figures show regular pay in the private sector slowed to...
Tag : UK economy
UK businesses brace for record job cuts amid rising costs
UK businesses are preparing for the largest wave of redundancies in a decade as confidence in the economic outlook plummets, driven by tax increases set...
UK growth forecast slashed as Bank of England lowers rates
The Bank of England (BoE) announced its first interest rate cut of 2025 on Thursday, reducing the benchmark rate by 25 basis points to 4.5%....
UK private-sector pay rises sharply but job cuts increase
British wage growth remained robust in the three months to November 2024, despite increasing indications of a weakening labor market, according to data released on...
Retailers warn of job losses following new UK budget tax hikes
The United Kingdom's retail sector is facing significant challenges following recent budget announcements, with increased financial pressures and a rise in insolvencies among retailers. The...
UAE’s Masdar invests £11B in UK offshore wind farm
Abu Dhabi Future Energy Company PJSC – Masdar, a prominent clean energy entity based in the UAE, has finalized its purchase of a 49 percent...