Nov 15, 2024 | Current Affairs
The UK economy saw minimal growth between July and September, expanding by just 0.1% and shrinking in September, according to the Office for National Statistics (ONS). Growth during the quarter was subdued across most industries, with the services sector – covering...
Nov 13, 2024 | Current Affairs
The number of active businesses in the UK has dropped, with small businesses experiencing the sharpest decline. A new analysis from the Global Payroll Association (GPA) highlights that there are currently 5.49m active businesses in the UK, marking a 1% annual decrease...
Nov 12, 2024 | Current Affairs
The unemployment rate rose to 4.3% in the three months to September, up from 4% in the previous quarter. Pay growth also slowed, with wages (excluding bonuses) increasing at an annual rate of 4.8% between July and September – the slowest rise in over two years....
Nov 8, 2024 | Current Affairs
The Bank of England (BoE) has reduced interest rates to 4.75%, marking the lowest level since June 2023. Announced yesterday, this cut follows a previous hold, with the Monetary Policy Committee (MPC) voting to decrease rates from 5% to 4.75%. One MPC member preferred...
Nov 7, 2024 | Current Affairs
On 6 November 2024, the Secretaries of Work and Pensions, Liz Kendall, and Health, Wes Streeting, visited North Central London’s WorkWell programme. They highlighted the importance of good health in fostering a productive workforce. The WorkWell initiative, part of...
