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UK inflation rises unexpectedly in July

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Price increases in fuel, clothing and hairdressing contributed to an unexpected increase in the Consumer Price Index (CPI) measure of inflation in July, which...

Self-employed workforce shrinks as UK sheds 750,000 jobs amid pandemic

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The number of self-employed individuals in the UK decreased by a record almost quarter of a million in the second quarter of 2020 as...

Number of workers on payroll falls by 650,000

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The number of workers in the UK in PAYE employment fell by nearly 650,000 in June compared to March’s level, whilst the government furlough...

Online job adverts down by half

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The number of online job advertisements has dropped below half of the average for the same period last year, according to an “experimental” measure...

Bank of England pumps further £100bn into economy

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The Bank of England ramped up its quantitative easing (QE) programme by a further £100 billion on Thursday, to help fight the “unprecedented” economic...

UK inflation falls to 0.5% during lockdown

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A fall in demand for recreational activities and weak oil prices were among the factors that led to UK inflation falling to a four-year...

Economy shrinks by a fifth amid more market turmoil

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News emerged today that the UK economy shrank at the fastest monthly rate on record in April as yesterday mass sell-offs led to global...