Category: News

Dec 21

UK signs financial deal with Switzerland

Chancellor Jeremy Hunt is in Switzerland to sign a deal that makes it easier for UK and Swiss financial firms to deal with each other. Trade in financial services between the UK and Switzerland is worth more £3bn. The government is hoping that the Berne Financial Services Agreement will help that figure grow. The deal […]
Dec 20

UK inflation rate falls to 3.9%

Inflation has fallen faster than expected to its lowest level in over two years, dragged down by easing petrol and food prices, adding impetus to growing calls for the Bank of England to begin lowering interest rates next year. Prices rose 3.9 per cent over the year to November, down from an increase of 4.6 […]
Dec 18

Pay gap at UK’s largest companies widens

The pay gap at the UK’s largest companies, which measures the difference in earnings between pay packets for chief executives and average employees, rose last year despite upward pressure on wages across the economy. Data from the High Pay Centre, a think tank focused on pay and employment rights, found that the average pay differential […]
Dec 18

UK Job vacancies fall below one million

The number of job openings in the UK has dipped below 1 million for the first time since May 2021, signalling that the labour market is cooling off as higher interest rates take their toll on the economy. Vacancies dropped to 998,562 last month, down 2.7 per cent from the 1.02 million job postings in […]