As the annual review season nears, UK employers are feeling significant wage pressure.Over half of UK companies report increased wage costs in the past year.Employees express…
Browsing: wage growth
UK’s labor market faces challenges as unemployment rises and wage growth slows, affecting economic forecasts.Wage growth excluding bonuses has decreased slightly, with employment figures showing a…
The UK’s labor market shows signs of strain as unemployment rises to 4.3%, accompanied by a slowdown in wage growth.Wage growth, excluding bonuses, exceeds analyst expectations…
The Bank of England has announced a rate cut to 4.75% in response to shifting economic conditions.The Monetary Policy Committee (MPC) decided the rate reduction amidst…
Pilgrim’s Europe emerges from financial challenges, achieving renewed profitability.The group’s profits soared to £106 million, a significant rise from the previous year’s £27 million.Sales growth was…
The UK inflation rate held steady at 2.2% in August, with core inflation rising, driven by increased airfares.Core inflation rose to 3.6%, surpassing expectations and highlighting…
The United Kingdom sees a significant decrease in food inflation rates, reaching the lowest level since October 2022.Food inflation fell to 11.5% in August, a drop…
Recent analysis reveals significant wage hikes across various UK industries.Mining and Quarrying lead with a remarkable 12.95% increase in one year.Administrative and Support Services saw a…