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Tight labour market to push interest rates higher

Job vacancies rose to a record 1.3 million, according to labour data released by the ONS today. Unemployment stood at 3.8% while  regular pay fell 2.2% in real terms –… The post Tight labour market to push interest rates higher appeared first on London Business News | Londonlovesbusiness.com.

‘Real chance’ of a recession later this year, the BCC warns

There is now a “real chance” of a recession later this year, the British Chambers of Commerce (BCC) has warned today. It comes as inflation hit a huge 9%, according… The post ‘Real chance’ of a recession later this year, the BCC warns appeared first on London Business News | Londonlovesbusiness.com.

Record job movement as workers hunt higher pay

For the first time there are more job vacancies than people unemployed, figures out today show. UK unemployment rate drops to 3.7% – lowest since 1974 and regular pay lags… The post Record job movement as workers hunt higher pay appeared first on London Business News | Londonlovesbusiness.com.

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