The Office for National Statistics (ONS) has signed a deal worth £8 million to hire hundreds of temporary workers in a bid to repair what economists warn is “virtually unusable” data on employment in the UK. The move comes amid mounting criticism of the agency’s flagship labour force survey (LFS), which policymakers at the Bank […]
Breadcrumb Trail Links News More than 1,700 full-time employees will lose their jobs as the e-commerce giant is to close all operations in the province, including its warehouses Published Jan 22, 2025 • Last updated 1 hour ago • 3 minute read An Amazon warehouse in Montreal’s Lachine borough, on Wednesday January 22, 2025. Photo by […]
Rachel Reeves has pledged a root-and-branch review of the UK’s immigration framework, including potential new visa routes for high-skilled workers in AI and life sciences, as part of a wider push to stimulate economic growth. The chancellor revealed that a white paper will be published later this year, announcing the Government’s vision for “Britain to […]
Britain’s soaring sickness bill has left policymakers and economists scratching their heads, with near-record numbers of workers absent on long-term health grounds costing the public purse more than £65.7 billion a year. Some 2.8 million people now claim incapacity and disability benefits, far above pre-pandemic levels, and the House of Lords’ economic affairs committee has […]
Rachel Reeves, the Chancellor, has signalled that economic growth must take precedence over net zero goals, creating a likely rift with Energy Secretary Ed Miliband and senior Labour figures who remain opposed to expanding the UK’s biggest airports. Speaking at the World Economic Forum in Davos, Reeves insisted that “the answer can’t always be no” […]
Meta, the parent company of Facebook, Instagram and WhatsApp, has sought to calm key advertisers following its decision to scrap third-party fact-checking in the United States. Senior executives led by Nicola Mendelsohn, Meta’s head of global business, have held a series of meetings over recent days to address concerns about brand safety and content moderation. […]
Sales of “pocket money” toys under £10 boomed last year, as cost-conscious parents and adult collectors turned to cheaper playsets and mini-figurines to weather tough economic conditions. According to new data from market research firm Circana, UK toy sales slipped 3.7 per cent to £3.4 billion in 2024, yet lower-priced items performed robustly, with 80 […]
Volkswagen has cautioned that the US administration’s proposed tariffs on imports from Mexico could have a “harmful economic impact” on both American consumers and the global automotive industry. It comes after President Donald Trump indicated this week that he intends to impose tariffs as high as 25 per cent on vehicles from Mexico and Canada […]
The Treasury is bidding to step into a major Supreme Court case that could drag Britain’s motor finance industry into a costly mis-selling crisis on a par with the infamous PPI scandal. Ministers want the court to consider the broader impact on investor confidence in the UK’s regulatory regime and, crucially, to ensure that any […]
Unemployment has edged higher in the UK while the number of job vacancies has fallen to its lowest level in more than three years, signalling that employers pulled back on hiring after Chancellor Rachel Reeves’s October budget hiked national insurance contributions. Fresh figures from the Office for National Statistics (ONS) show that the unemployment rate […]