Costa Coffee invests in its baristas with 5% pay boost - London Business News | Londonlovesbusiness.comCosta Coffee will raise pay rates to support team members amid rising cost of living.
Unemployment holds steady at 4.4% below BoE's 4.5% forecast - London Business News | Londonlovesbusiness.comUK's labour market remains fragile as 2024 approaches, with steady unemployment but increasing earnings pressures against inflation targets.
Bank of England expected 'to hold' interest rates amid uncertainty of the Budget - London Business News | Londonlovesbusiness.comUK employment conditions are steady, but data reliability issues raise concerns for policymakers.Earnings growth is too high for a sustainable return to the 2% inflation target.
Unemployment holds steady at 4.4% below BoE's 4.5% forecast - London Business News | Londonlovesbusiness.comUK's labour market remains fragile as 2024 approaches, with steady unemployment but increasing earnings pressures against inflation targets.
Bank of England expected 'to hold' interest rates amid uncertainty of the Budget - London Business News | Londonlovesbusiness.comUK employment conditions are steady, but data reliability issues raise concerns for policymakers.Earnings growth is too high for a sustainable return to the 2% inflation target.
Young British men are NEETs-not in employment, education, or training-more than womenThe rising number of young NEET men poses a significant challenge to the UK government's economic growth ambitions.
UK wages figures will affect state pension, interest rates and Rachel ReevesThe annual increase in average earnings significantly impacts the calculation of pension adjustments under the triple lock, set to rise by over £460 next year.
Wage pressures starting to abate ahead of Bank of England decision on interest rates - London Business News | Londonlovesbusiness.comLabour market data in the UK shows signs of slack with easing earnings pressures, impacting the Bank of England's decision making for a potential rate cut.
UK wages figures will affect state pension, interest rates and Rachel ReevesThe annual increase in average earnings significantly impacts the calculation of pension adjustments under the triple lock, set to rise by over £460 next year.
Wage pressures starting to abate ahead of Bank of England decision on interest rates - London Business News | Londonlovesbusiness.comLabour market data in the UK shows signs of slack with easing earnings pressures, impacting the Bank of England's decision making for a potential rate cut.
ONS jobs data: We're seeing 'a gradual cooling in the UK labour market' - London Business News | Londonlovesbusiness.comUK labour market vacancies decreased but are still above pre-pandemic levels.