Chancellor Rishi Sunak has praised the UK jobs market as “robust” following fresh employment figures. The new figures released by the Office for National Statistics (ONS) show that the number of pay-rolled UK workers rose by a further 90,000 (0.3 per cent) between April and May to 29.6 million. While unemployment rate climbed from 3.7…
Jobs spiked again in May despite the ever-increasing skills shortages, raising further concerns for the UK’s economic growth at a time when the Organisation for Economic Co-operation and Development (OECD)… The post New data suggests concerns of UK’s economic frailty are set to be exacerbated by lack of talent appeared first on London Business News…
With less than 40 days until parliament goes into recess, the countdown is on for the Prime Minister and the Chancellor Rishi Sunak to take the vital actions needed to… The post The UK is on the brink of a recession as the economy shrinks further which will see the cost of living crisis rise…
The Business Secretary Kwasi Kwarteng has ordered the Competition and Markets Authority (CMA) to hold an “urgent” investigation amid concerns some petrol stations are pocketing the fuel duty cut worth… The post An ‘urgent’ probe has been ordered over petrol stations charging exorbitant prices as ‘drivers should be getting a fair deal for fuel’ appeared…
A filling station in South Kensington is charging an eye watering £2.389 for a litre of petrol which is £10.85 a gallon. The Gulf garage in Sloane Avenue, South Kensington… The post A UK forecourt believed to be the most expensive in the UK is charging an eye watering £10.85 a gallon for petrol appeared…
A minister has said there is a “strong case” for cutting fuel duty. School standards minister Robin Walker says the chancellor could soon be made to roll out new support for motorists as prices soar. Yesterday the AA urged the government to cut fuel duty by 10p as the cost of filling a 55-litre tank…
Data from Experian shows the average price of a litre of petrol at UK forecourts reached a record 182.3p on Wednesday and on Thursday petrol has now exceeded £100 for… The post ‘Enough is enough’ the ‘government must act’ as ‘record fuel prices are crippling the lives of those on lower incomes’ appeared first on…
As a result of the Mayor’s relentless focus on tackling violent crime and its underlying causes, and the hard work of police officers and youth workers across the capital, the… The post Sadiq Khan warns cost of living crisis could reverse fall in violent crime appeared first on London Business News | Londonlovesbusiness.com.
On Wednesday the average cost of filling a typical family car is set to exceed £100 for the first time which will cripple motorists. On Wednesday data firm Experian Catalist… The post Asda ‘hiked its average petrol price nearly 5p a litre in a single day, which is unheard of’ as petrol hits £100 for…
The online car seller Cazoo have announced they are to cut 750 jobs across Europe and the UK and will also slow down on hiring new staff as they look… The post Cazoo set to cut hundreds of their workforce amid the ‘rapid shift in the global economy and the possibility of a recession’ appeared…
