According to the 2023 SME Business Survey by HR Solutions, one in two SMEs is concerned about staff retention in the current economic climate.

The Bank of England is expected today to raise the interest rate for the 13th time in a row, despite recent forecasts of an improving economic outlook.

Britain's annual inflation rate unexpectedly remained at 8.7 percent in May, official data showed Wednesday, piling pressure on the Bank of England and government to act over a cost-of-living crisis.

The government have named over 200 companies that have breached the National Minimum Wage law. These employers include high-street brands, sole traders and small businesses.

A recent report describes this phenomenon of people postponing their retirement plans as "the great un-retirement", given the number of people out of the labour market has reduced compared to last year.

A Rural Voices survey found that coffee consumers and coffee farmers have contrasting views on sustainability.

A reported 1.3 million UK households with mortgages were already expecting increased costs at the start of the year. The latest data means there is more pain yet to come.

Vacancy growth is at its lowest since early 2021, but employers still cannot find qualified staff – especially as wage growth continues, albeit more slowly.

UK junior doctors plan to strike in June over pay concerns, highlighting the need for government action to address their demands for fair compensation.

After months of protests, an agreement has been made between the government and unions regarding the increase of NHS staff wages. Several NHS workers are rejecting the offer and will continue to strike until their demands are met.

Nigel Farage announced that 'Brexit has failed', leaving Brits wanting explanations from the Conservative government and an increase in anti-Brexit campaigns.

UK interest rates have been raised for the 12th time in a row in a further attempt by the Bank of England to slow the rising cost of living, increasing the Bank's base rate from 4.25 to 4.5 per cent.

As UK economic dynamics continue to evolve, British SMEs are positioning themselves for long-term success with a digital presence, AI, and other emerging trends.

As the global economic crisis intensifies, UK employees are acknowledging the significance of giving priority to the financial wellness of their employees.

In 2017-18 the figure was less than 500,000.

To mitigate the impact of the rising energy costs, some UK firms have halted their recruitment of new staff, and others are downsizing their workforce.

Just when it looked like we reached a turning point in the fight against inflation, figures from last-month show its impacts are still biting retailers. Inflation has taken food prices 8.9% higher than this time last year.

Adding to the recent wave of strike action across the UK in recent months, traffic wardens are set to strike during the King's coronation unless a pay dispute can be settled in time.

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.

Bank of England Chief Economist Huw Pill said on Thursday that the latest data on the economy, including a stagnation of gross domestic product in February, is "somewhat disappointing" even if it remains better than forecast by the BoE late last year.

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.

Britain's labour market showed signs of a slowing in the sharp pace of pay growth in March and a shortage of candidates eased for the first time in two years, according to a survey of recruiters published on Wednesday.

The Office for National Statistics reported that the "prices of food and non-alcoholic drinks rose at the fastest rate in more than 45 years in the 12 months to February 2023."

The death of a loved one is always painful. Few things compound that pain more than the knowledge that their death was completely avoidable.

As worker shortages plague the UK economy amidst a cost of living crisis, new research shows good communication is key to talent retention.

In their fifties and deciding there was more to life than work, Liz and Ian Woodbridge quit stressful jobs during the pandemic - part of a cohort of British early retirees now resisting a government call to return, despite rising living costs.

Women still lag far behind men in the economy and politics and surging inflation last year disproportionately hurt their financial health.

Japan is facing one of the lowest birth rates in the world.

Despite an economic slowdown widely expected to morph into a recession later this year, the labour market remains tight, with upward pressure on wages.

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.