Bank of England says companies freezing hiring plans as it keeps interest rates on hold
Rate-setting committee also points to mounting global uncertainty as it pauses its cycle of reductions Business live latest updates The Bank of England has said UK businesses are freezing their hiring plans in response to Rachel Reeves’s tax increases and to mounting global uncertainty as it kept interest
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UK pay growth remains high, making interest rate cut less likely
Unemployment was level in January, but has risen over the past six months Business live latest updates Pay growth remained high at 5.8% in the three months to January, according to official data, maintaining the pressure on Bank of England policymakers to keep interest rates elevated when they
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Fear of a tariff ‘Trumpcession’ puts pressure on Bank and Fed over interest rates
A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do? Monetary policymakers on both sides of the Atlantic will be considering how seriously to take Donald Trump’s threats of an all-out trade war
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Late data from one business means UK wage growth may need to be revised, says ONS
Caveat from statistics agency is latest sign of its problems collecting reliable economic data Britain’s main measure of wage growth may need to be revised after a large employer failed to supply earnings data on time, the country’s troubled statistics agency has warned. In the latest sign of
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UK inflation falls to 2.8% in boost for Rachel Reeves before spring statement
Bigger-than-forecast decline in annual rate in February is positive news for chancellor in run-up to Commons address UK inflation has fallen back to 2.8%, giving Rachel Reeves some positive news before she makes her spring statement. The Office for National Statistics said annual inflation as measured by the
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Thurrock Council: Letter to Denise Murray appointing her as Finance Commissioner
A copy of the letter to Denise Murray, regarding the Secretary of State’s decision to appoint her as the Finance Commissioner at Thurrock Council. HM GovernmentSource
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Payslip boost for millions as new minimum wage rates take effect
Over 3 million eligible workers set for a pay rise of up to £1,400 a year as new National Minimum Wage and National Living Wage rates take effect. HM GovernmentSource
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MAIB safety digest 1/2025 published
Read our latest collection of lessons learned from marine accidents. HM GovernmentSource
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Recruitment for Synergy Workstream Leads
Workstream Lead vacancy working on the Synergy Programme. HM GovernmentSource
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Lawrence Tallon begins role as new MHRA CEO
Lawrence Tallon today (1 April 2025) begins his role as Chief Executive Officer of the Medicines and Healthcare products Regulatory Agency (MHRA). HM GovernmentSource
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