The UK’s slowing labour market is fuelling concerns that the economy could be drifting towards a recession, according to the Resolution Foundation. The influential think tank reports that a 0.5 per cent drop in employment over the year to January matches levels “only seen during a recession”. Businesses, many of which have frozen hiring or postponed recruitment drives, blame a ...
Britain’s youngest workers are facing a tougher jobs landscape as businesses react to higher employment taxes and a looming rise in the minimum wage by cutting back on hiring. Fresh data from HR services firm Employment Hero, which tracked 105,000 employees at more than 1,500 small and medium-sized firms, showed that overall SME employment shrank by 0.4 per cent in ...
Homebuyers across England who miss the March stamp duty deadline are in line for a silver lining: a decade-high selection of available properties this spring. According to the property website Rightmove, the number of homes on the market is now at its highest level for this time of year since 2015—offering greater choice and curbing house price inflation. House prices ...
With the rapid development of blockchain technology and the continued rise of the cryptocurrency market, the mining industry has attracted more and more investors. However, traditional mining is daunting for many potential users due to problems such as high equipment costs, complex maintenance, and high energy consumption. As an innovative mining method, cloud mining has quickly become a popular choice ...
British Airways has long been the target of customer ire—complaints about service standards, outdated technology and, most recently, contentious changes to its loyalty programme are far from rare. Yet the carrier, part of the FTSE 100-listed International Airlines Group (IAG), is on course to announce a significant upswing in its fortunes next month. Financial analysts forecast annual earnings before interest ...