The increase in home work has created a generation who are “not doing proper work,” according to the former boss of Asda and Marks & Spencer. Speaking to BBC Panorama, Lord Rose said more working from home was a part of the UK economy’s “general decline” and that productivity was suffering as a result. “We [...]
Thousands of civil servants are to strike “indefinitely” from this month following an order to return to the office for three days a week.
It came after fresh data from the Office for National Statistics (ONS) showed that the UK economy grew by a weaker-than-expected 0.1% in November.
The latest data has raised expectations that the Bank of England could cut UK interest rates again next month.
Surprise flop in retail sales in December after ‘poor’ month for supermarkets - The volume of retail sales, which measures the quantity bought, fell by 0.3% in December, the Office for National Statistics said.
Services inflation fell from 5 per cent to 4.4 per cent. This is a figure watched closely by the Bank when deciding whether to cut interest rates or not. The largest downward contribution to inflation rates came from restaurants and hotels which fell to 3.4 per cent, down from 4 per cent in November.
THE UK economy grew just 0.1% in November, less than expected by economists. The latest figures from the Office for National Statistics (ONS) reveal Gross Domestic Product (GDP) rose marginally in
Rachel Reeves has found brief respite this morning, with the Office for National Statistics confirming that inflation dipped to 2.5 per cent in the 12 months to December, down from
The rate of Consumer Prices Index (CPI) inflation is expected to have come in at 2.6% last month, unchanged from November.
That trend looks likely to have continued into the end of the year, with registered payroll jobs falling at their sharpest rate since November 2020, when the country was still in the throes of the global pandemic.
The number of payrolled employees was estimated to have fallen by 47,000 during December to 30.3 million – the biggest drop since November 2020.
Wage growth continued to rise in the UK, driven by strong pay rises in the private sector, official figures show. Regular pay increased by 5.6% on average between September and November, according to the Office for National Statistics (ONS), compared with the same period the year before.