Youth Unemployment Nears One Million in 2025 - London Business News | Londonlovesbusiness.com
The final quarter of 2025 saw a slight increase in the number of young people not in employment, education, and training compared to the previous quarter. This was driven by higher unemployment, with more young people actively looking for work.
A third of SMEs warn National Living Wage hikes 'will be detrimental to their business' - London Business News | Londonlovesbusiness.com
National Living Wage increases and salary-sacrifice caps will raise employer costs, harming many UK businesses and prompting cost-cutting and wage pressures.
Key Budget measures impacting retail, leisure and hospitality - London Business News | Londonlovesbusiness.com
Business rates reform cuts multipliers for small retail, hospitality and leisure sites but raises costs for larger properties; wage and tax changes increase operators' costs.
National Living Wage predicted to rise higher than expected
The national living wage could rise to as much as 12.86 an hour next year, the official advisory committee has estimated, as it gives new details on its annual review on the figure.