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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...

Chancellor urged to extend SEISS scheme

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Trade bodies and unions representing freelancers have written to chancellor of the exchequer Rishi Sunak calling for the Self-Employed Income Support Scheme (SEISS) to...

Business confidence in UK economy at record low

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A survey of UK employers by a recruitment industry body has found that confidence in the UK economy and demand for staff have reached...

Recovery from coronavirus depression will take ‘years rather than months’

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The UK labour market will take “years rather than months” to fully recover from the economic shock of the COVID-19 crisis, according to a...

Virus crisis hits employers hard but increases demand for contingent workers

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Data collected by a leading recruitment trade body illustrates how hard the coronavirus crisis has affected confidence amongst UK employers. The Recruitment and Employment Confederation’s...

Cheaper fuel slows pace of UK inflation

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Data published by the Office for National Statistics (ONS) on Wednesday showed that inflation fell slightly in February by ten basis points to 1.7...