UK records western Europe's highest inflation as March fall disappoints
Britain was the only country in western Europe with double-digit inflation in March after it fell less than expected, official data showed on Wednesday, bolstering bets that the Bank of England will raise interest rates again in May.
Strong UK pay growth boosts chance of Bank of England rate rise
British wages rose faster than anticipated last month, in a move that economists judge may tip the Bank of England towards a further rise in interest rates next month, despite an unexpected increase in joblessness too.
Rishi Sunak investigated over wife's interest in UK childcare firm
British Prime Minister Rishi Sunak is being investigated by parliament's standards watchdog over whether he properly declared his wife's shareholding in a childcare company which stands to benefit from new government policy.
UK nurses prepared to strike until Christmas: union leader
Members of the union rejected a government pay offer on Friday and immediately announced an escalation in strike action.
The 2023 Gender Pay Gap report shows little progress has been made
Analysis from the World Economic Forum last year estimated it would take 132 more years to close the gender pay gap - a disparity which has made little progress this year.
Approximately 3.7m people in the UK are working low-paid and insecure jobs
The Good Business Charter has redefined its brand to encourage ethical business practices across 10 key areas as poor business practices continue in the UK economy.
Millions of UK businesses at risk of shutting down due to delayed payments
As the tough economic conditions hit SMEs, UK businesses are at an increased risk of facing delayed payments from customers, says debt collection agency.
Britain braces for 'unparalleled' disruption from doctors' strike
Junior doctors in Britain began a four-day strike over pay on Tuesday that is likely to cause unprecedented disruption to the state-funded National Health Service (NHS), prompting the government to warn of a risk to patient safety.
Why do 71% of UK professionals wish to return to their pre-Covid employers?
Many UK employees are willing to return to their pre-covid employers. However, managers are reluctant to rehire former staff in the current labour crisis.
Consumer Sentiment Analysis Reveals the Best U.S. Business Banks
Rapid technological advances and fast-changing consumer behaviors have forced retail...
Pakistan in Economic Purgatory: The Way Out Depends on Human Development
Although it is in the headlines for political turmoil, Pakistan is facing its worst-ever financial crisis. Even officials have uttered the taboo word: Default?
UK govt, health unions agree pay deal in bid to end strikes
Prime Minister Rishi Sunak hailed the agreement as "affordable for the taxpayer" and allowing his government "to deliver on my promise to halve inflation".
Hundreds of thousands of workers strike in latest UK industrial action
From nurses to lawyers, staff hit by a cost-of-living crisis have been striking across the economy.
UK unveils cost-of-living budget as mass strikes hit nation
Britain on Wednesday unveils a new cost-of-living budget, including more help on soaring energy bills, but the government is set to stand firm on rising public sector pay demands as the country endures a fresh wave of strikes.
Hunt, hemmed in by debt, set to focus on growth in UK budget
British finance minister Jeremy Hunt will announce on Wednesday how he will try to speed up the world's sixth-biggest economy after the shocks of Brexit, a heavy COVID-19 hit and double-digit inflation have left it lagging behind its peers.
British tech sector 'at serious risk' after SVB collapse: govt
The California-based SVB bank, which was closed by US authorities on Friday, manages the money of some of the UK's most promising businesses.
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Find the best VPN services for your privacy and security needs. Read expert reviews and compare the top-rated VPN providers of 2023.
Britain's junior doctors prepare to strike over pay, burnout
Fed up with a government he says doesn't care, Poh Wang plans to go on strike with tens of thousands of other British junior doctors next week, saying he is overworked, underpaid and burdened with a student loan he cannot imagine paying off.
UK economic rebound eases recession fear before budget
The UK economy has returned to growth, data showed Friday, easing fears of an inflation-induced recession as the government readies next week's budget against the backdrop of a cost-of-living crisis.
Britain's Hunt to keep tight budget with eye on 2024 election
British finance minister Jeremy Hunt looks set to keep his grip on public finances in next week's budget, holding off on any big tax cuts or spending increases until the next election comes closer into view.
British firefighters accept new pay deal, averting strikes
British firefighters have voted to accept an improved pay offer from fire service employers, their trade union said on Monday, averting the possibility of more disruptive strike action in a critical public service.
Interest rate rose but so did the demand for steel as the British pound fell against the dollar
S&P 500 sheds 2%, FTSE 100 is expected to open lower, while the UK has seen the British pound fall against the dollar as the government negotiates with the striking public sector.
UK's Hunt has extra 30 billion pounds to play with in March budget, IFS says
British finance minister Jeremy Hunt may have a 30 billion-pound ($36 billion) windfall at next month's budget, but this will be too short-lived to fund permanent tax cuts or public-sector pay rises, the Institute for Fiscal Studies (IFS) said on Tuesday.
Prioritising sustainability is crucial for start-ups, new report finds
A report found a significant disconnect between senior retail leaders and consumers exists when it comes to sustainability.
Work Foundation Director suggests UK economy reforms to make UK employment more inclusive
Ben Harrison suggests long-term investments and reforms for the UK's employment services, as the nation's economic challenges continue to haunt employers and employees alike.
Nurses in England pause strikes to enter pay talks with government
Nurses in England will pause planned strike action to enter "intensive talks" with the British government on pay and conditions, both sides said on Tuesday, in the first sign of a break in a long-running dispute.
UK's Hunt gets a pre-budget boost with surprise January surplus
Britain's government ran an unexpected budget surplus in January thanks to strong income tax receipts, giving finance minister Jeremy Hunt a little more leeway as he prepares to deliver a budget statement next month.
Strike at German airports grounds nearly 300000 passengers
A 24-hour strike at seven German airports, including Frankfurt and Munich, was set to affect nearly 300,000 passengers on Friday, as unionised workers pressed for higher wages and threatened a summer of "chaos" if their demands were not met.
UK inflation retreats further, remains above 10%
British annual inflation dropped further last month on easing transport costs, official data showed Wednesday, but remains above 10 percent, prolonging a cost-of-living crisis that has sparked massive strikes.
Britain sets out legislation to regulate buy-now-pay-later credit
Britain on Tuesday will set out draft legislation to regulate "buy now pay later" credit, saying the sector posed potential harm to consumers without thorough affordability checks.