December has been described as the most stressful month of 2022 by half of Brits. According to survey data from people analytics company, Visier, more than a third of Brits feel more stressed about the festive season this year when compared to last year, citing the cost of living crisis, being able to afford Christmas […]
UK technology businesses continued to overshadow their European counterparts this year when it came to value and investment levels, although both have fallen in the face of economic headwinds as the pandemic-fuelled boom has ground to a halt. In total, UK tech companies marked a drop in investment from $36 billion in 2021 to $27.9 […]
John Allan, the chairman of Tesco, will be among senior business leaders addressing a Labour Party business conference today. Almost 400 senior business leaders, executives and lobbyists are expected to attend the day-long conference at Canary Wharf in London’s Docklands. Labour politicians due to address them include Sir Keir Starmer, the party leader, Angela Rayner, […]
This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC Breadcrumb Trail Links News Economy The unemployment rate holds steady at 5.2% Publishing date: Nov 04, 2022 • 6 minutes ago • 2 […]
Activity in Britain’s dominant services sector contracted last month for the first time since the start of the third Covid-19 lockdown in January last year, according to a closely watched survey. The sector, which accounts for 80 per cent of the economy from banks to retailers, tourism, hairdressers, restaurants and estate agents, warned of shrinking […]
Jeremy Hunt is considering a multi-billion-pound tax raid on profits under plans to make those ‘with the broadest shoulders’ bear the brunt of fiscal tightening he is planning to bring in within days to try to revive the economy. The Treasury is mulling increases to Capital Gains Tax and Dividend Tax as he seeks to […]
Businesses are still desperate for staff, with increases in adverts for occupations including childminders, school secretaries and dental practitioners, new research suggests. The Recruitment and Employment Confederation (REC) said there were 154,000 new job adverts in the week of 17-23 October, slightly lower than a month earlier. The number of adverts has remained stable at […]
British workers forgo claiming £1.3bn in expenses at work for fear of looking “petty” according to new research. 80 per cent miss out on unclaimed expenses amounting to around £245 a year per employee, according to Pleo. Despite the cost of living crisis biting hard for many Brits, business spending solution group Pleo found workers […]
The Bank of England has delivered its biggest interest rate rise in more than three decades as it warned of the longest recession on record. The economic downturn, which is thought to have started this summer, will last until mid-2024, according to the central bank. It will be longest recession since the First World War […]
The Bank of England is expected to make its largest interest rate rise since Black Wednesday in September 1992 today as it battles to bring double-digit inflation back to its 2 per cent target. Investors are betting that rates will rise by 0.75 percentage points from 2.25 per cent to 3 per cent. The Bank’s […]