BoE's Pill sees risk of persistent inflation, even if gas prices fall
Bank of England Chief Economist Huw Pill said on Monday that Britain is at risk of persistent inflationary pressure from a tight labour market, even if natural gas prices stabilise or fall, implying further rate rises may be needed.
U.S. labor market strong at end of 2022; trade gap narrows sharply
The number of Americans filing new claims for jobless benefits dropped to a three-month low last week while layoffs fell 43% in December, pointing to a still-tight labor market that could force the Federal Reserve to keep hiking interest rates.
British rail workers start new year with week-long strike
British rail workers kicked off the new year with a week-long strike on Tuesday, disrupting the return to work for millions of commuters in the latest bout of industrial action to hit the country.
Strike-hit UK faces first rail stoppage of 2023
UK rail staff disrupted the New Year return to work on Tuesday in the latest strike action by workers in a range of sectors over the worst cost-of-living crisis in a generation.
Jobs for Emiratis: UAE pushes work for own citizens
With foreign workers making up the vast bulk of private sector jobs in the United Arab Emirates, the Gulf's second-largest economy wants to boost opportunities for its own citizens.
Qatar's migrant workers wary of life after the World Cup
Labour rights have been a hot topic for Qatar, virtually since it was awarded the World Cup 12 years ago.
UK inflation slows, remains close to 11 percent
British inflation slowed more than expected in November but remained near the highest level in more than 40 years, official data showed Wednesday, as a cost-of-living crisis sparks fresh UK strikes.
Tunisians dream of moving to Germany as crisis bites
Germany is becoming a key destination for disillusioned young Tunisians despite a language barrier and the North African nation's long history of ties with France.
Analysis: Retailers turn to robots in cost inflation fight
At a vast warehouse in the southern Dutch city of Roosendaal, automated cranes and driverless vehicles silently stack clothes for the French and Italian stores of retailer Primark, reducing the need for hard-to-come-by labour.
Austrian trains grind to halt as rail workers strike
Wage increases are usually set by collective bargaining between the Austrian Economic Chambers and unions representing different branches.
Volkswagen strikes below-inflation wage deal, continues German trend
Volkswagen on Wednesday agreed a two-year wage deal for workers at its western German factories, offering around 8.5% more pay, which was below inflation but above what other employers have yielded in recent weeks.
Investors back call for UK firms to support low-paid workers
A group of 17 investors managing 3.2 trillion pounds ($3.82 trillion) have called on Britain's biggest listed employers to offer more support to low-paid workers as inflation drives a sharp rise in the cost of living.
Why UK universities are going on strike
Since 2019, issues around pay and working conditions have now surpassed pensions and become the main driver for the strikes.
As recession bites, Tesco offers UK staff pay advance
Tesco, one of Britain's largest private-sector employers, is offering its staff advances on their pay in the latest sign of the distress arising from a worsening cost-of-living crisis.
Manchester United: Cristiano Ronaldo backs Arsenal in Premier League race
Cristiano Ronaldo is happy for Arsenal to win the Premier League this season if Manchester United are not in the title race.
UK inflation accelerates to 41-year peak
British inflation has jumped to a 41-year high on soaring energy and food bills in a worsening cost-of-living crisis, data showed Wednesday on the eve of a key budget.
Jobless rate rises as UK prepares to tighten belts again
Britain's unemployment rate unexpectedly rose and vacancies fell for a fifth report in a row as employers worried about the outlook for the economy, official data showed on Tuesday, ahead of a tough government budget plan later this week.
UK recruiters plan record pay rises but real wages lag inflation, survey shows
British employers are planning the biggest pay hikes in a decade to fill roles but real-term wages will still grow more slowly than inflation, a survey showed on Monday.
Barcelona alter key January plan after former PL star convinces Xavi
Barcelona have decided not to pursue a left-sided central defender in January after Marcos Alonso showed that he can provide cover following his move from Chelsea last summer.
UK hiring falls as political upheaval adds to employers' worries
British employers cut their hiring of permanent staff via recruitment firms for the first time in nearly two years in October as the country's political upheaval added to concerns about the economy, a survey showed on Thursday.
Twitter engineer says he was fired for helping coworkers who faced layoffs
A former Twitter Inc engineer has accused the company of firing him days after it was acquired by Elon Musk because he developed a tool to allow workers to save important documents in anticipation of mass layoffs.
Euro zone bonds wobble as central banks zero in on inflation
Euro zone government bond yields rose on Tuesday as investor focus was squarely pinned on central banks' fight against inflation, ahead of U.S.
How can employers gain the edge when recruiting Gen Z talent?
Employers have adapted job role specifications, engaged more actively in social media, created employer value propositions and shifted recruitment strategies to better attract, engage and retain the brightest young talent.
Thousands rally in Spain to demand pay hikes amid high inflation
Thousands of Spaniards packed Madrid's landmark Plaza Mayor square on Thursday to demand higher pay in the first mass protest since the start of the cost of living crisis.
Pablo Mari stabbed: Arsenal defender recalls horror experience, seeks training return
Arsenal defender currently on loan at Serie A side Monza was stabbed while out with his family at a shopping center in Milan on Thursday.
Analysis: UK's Hunt faces triple threat from debt, recession and conservative rebels
Newly confirmed finance minister Jeremy Hunt must keep investors calm about Britain's debt mountain, avoid causing a deep recession and work out a way to stop the Conservative Party from splintering again - and all of it by next Monday.
Swift rise to PM, but some doubt Rishi Sunak can win UK elections
Elected for the first time to parliament in 2015, Rishi Sunak became Britain's youngest prime minister in more than 200 years on Monday, tasked with steering the country through an economic crisis and mounting anger among some voters.
US GP: Max Verstappen could ditch Red Bull for Ferrari but never Mercedes
Max Verstappen has already spent eight years with Red Bull Racing and is contracted to the Austrian team until 2028.
Pensions: how yours may have been affected by recent market turmoil
Sudden changes in the gilts market are rare, but when they do happen it can cause major problems for certain types of pension scheme.
Kylian Mbappe's mood swings revealed as PSG exit talk heats up
Kylian Mbappe is reportedly looking for a way out of Paris Saint-Germain just months after signing a new three-year deal.