UK government commends organisations for supporting the Armed Forces community
Almost 200 organisations have been noticed for their support towards the Armed Forces community. These organisations also set out to employ former Armed Forces personnel.
Bank of England warns of rising mortgage payments and potential struggles for UK households
The Bank of England warns that nearly one million UK households will face higher mortgage payments due to rising interest rates, potentially impacting financial stability.
UK lenders can withstand major shock: Bank of England
Britain's top lenders have passed stress tests to show they can withstand major economic shock, even as rising interest rates pressure the financial system, the Bank of England said Wednesday.
Gripes in Grimsby over Brexit fishing failure
Grimsby, perched on the southern side of the River Humber, near Kingston-upon-Hull in northern England, was built on the fishing industry.
UK unemployment climbs as inflation weighs on economy
UK unemployment rose back to four percent in the three months to the end of May, official data showed Tuesday, as the economy struggles with stubbornly-high inflation.
UK workers forced to retire early due to the COVID-19 pandemic are now living in poverty
Many retirees who relied on income from investments or rental properties saw their revenue streams dwindle during the pandemic.
Stunted growth, hunger and dental issues plague UK children, alarming surge in past year
According to health experts, chronic malnutrition and inadequate intake of essential nutrients are key drivers of this issue.
Three-quarters of UK businesses are lacking experienced workers
According to a recent report, the majority of businesses lack initiatives to attract older workers back into the workforce, despite government efforts.
German economy bids goodbye to years of plenty
On his many visits to semiconductor factories and electric car plants, Germany's Chancellor Olaf Scholz bangs the drum for an economy at the forefront of an industrial transformation.
Wrong policy decisions may play a key role in Britain's high inflation rates
Apart from global factors, UK policy decisions have exacerbated inflation – whether post-pandemic public spending or the slow pace of interest rate hikes.
US trafficking report highlights forced labor, exploited boys
The United States on Thursday denounced the scourge of human trafficking, calling out forced labor and the little-known but growing problem of boys and young men caught up the trade.
Swedish inflation dips, Beyonce blamed for high prices
Swedish inflation dipped under 10 percent in May, official statistics showed Wednesday, but was still higher than expected with some analysts suggesting superstar Beyonce had tipped the scales.
Are anxious children being prescribed medication with minimal therapy?
An American-based study has evaluated the recent trends in anxiety disorder diagnosis and treatment among children, adolescents and young adults.
Four toddlers stabbed in France, government says suspect is Syrian refugee
Four toddlers and two pensioners were stabbed in a knife attack in the tranquil French mountain town of Annecy on Thursday and the government said the suspected assailant was a Syrian refugee.
The United Nations would have us believe they are making remarkable progress in reducing poverty
According to the United Nations, 55 per cent of the world's population – about four billion people – did not benefit from social protection in 2016.
Why are your staff leaving you and how can you keep them?
According to research by McKinsey & Company, a large number of employees are leaving their jobs due to a poor work-life balance, with 60 per cent considering quitting without having a new job offer.
Europe resists energy crunch, boosting growth forecast
Consumer price inflation is expected to drop back to 2.8 percent in 2024, still above the European Central Bank's two percent target.
Stock markets down as traders weigh inflation, rate hikes
Most European indices closed down as well, including the FTSE 100 in London which dipped into the red after earlier gains.
Bank of England lifts interest rate to 15-year high
Global policymakers are battling elevated inflation caused largely by runaway energy bills following last year's invasion of Ukraine by major oil and gas producer Russia.
Australian government rejects concerns budget may worsen inflation
Australia's Labor government said on Wednesday the billions in cost-of-living relief unveiled in the federal budget for families and businesses will not worsen inflationary pressures and put more pressure on the central bank to lift rates further.
Workers in the UK are positive about jobs regardless of high inflation
Research finds UK workers' job confidence to be positive despite the cost of living crisis and a stagnant economy. However, data reveals a fall in social mobility, with many workers not having a degree in the top socio-economic levels.
After pan-bashing, France's Macron faces Labour Day protests
When Macron attended a football match on Saturday, he was met with activists waving red cards.
Rising energy costs have caused 40% of British firms to stop hiring
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.
Reducing time to hire remains a key trend in HR tech search
Recent data demonstrate that organisations are still trying to reduce the time-to-hire rate and fill key roles in a short period of time amidst a tight talent market and despite a slowing economy.
Oil falls 2% on recession fears, swelling US fuel stocks
Oil prices slid by about $2 a barrel to their lowest level since late March on Thursday, dragged lower by fears a possible recession could dent fuel demand and after a rise in U.S.
Wall Street is divided over impact of strong Chinese economic growth
Earlier this week, the US received encouraging economic indicators. However, analysts are considering the pros and cons as Chinese growth also beat expectations.
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.
Bank of England's Pill says latest UK data is disappointing
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.
France's pension reforms matter to the people
France's proposed pension program is similar in some ways to other countries. However, French citizens oppose this plan and demand a better solution.
Last-ditch protests in France over Macron's pension reform
If the law is approved, it remains to be seen if unions will call more strikes.