Aug 20, 2024 | Current Affairs
The first Bank of England (BoE) rate cut in four years has sparked a resurgence in the property market, with reduced mortgage costs attracting more buyers and pushing up house prices. According to Rightmove, inquiries from potential buyers to estate agents surged by...
Aug 16, 2024 | Current Affairs
Deputy Prime Minister Angela Rayner recently met with unions and key business groups, including the CBI and the Federation of Small Businesses (FSB), to discuss Labour’s ambitious “Make Work Pay” plan. The initiative aims to enhance workplace rights...
Aug 15, 2024 | Current Affairs
The UK economy grew by 0.6% between April and June 2024, continuing its recovery following a brief recession at the end of last year. This growth matched forecasts and follows a 0.7% increase in the year’s first quarter. The expansion was largely driven by the...
Aug 14, 2024 | Current Affairs
Despite a steady increase in total public sector spending directly with SMEs, small and medium-sized enterprises continue to face challenges in securing a significant share of government contracts. In 2023, only 20% of the direct public procurement spend was awarded...
Aug 13, 2024 | Current Affairs
According to the latest official figures, the UK’s unemployment rate has decreased slightly, standing at 4.2% in the three months leading up to the end of June—a marginal decline from 4.4% in the previous quarter. Despite the positive shift, wage growth has...