Economy


Philip Hammond Urged To Provide Above-inflation Pay Rise To NHS Staff

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Think tank says annual cost of raising public sector pay in line with consumer price inflation would be £3.3bn by 2019/... Read more

UK Unemployment Rate Holds At Historic Low But Number In Work Falls For The First Time Since 2016

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Concerns labour market might be cooling down after number of people in work records biggest drop since June 2015. Read more

Deliveroo Given Right To Not Pay Its Riders Minimum Wage After Landmark Ruling

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Central Arbitration Committee rules Deliveroo riders are self-employed contractors, who can't be given workers' rights. Read more

Bank Of England Reveals Deadline Day For Swapping Old £10 Notes

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Old £10 paper banknote featuring Charles Darwin will be officially withdrawn from circulation on 1 March next year. Read more

UK Inflation Holds Steady At Highest Level In Over Five Years

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Inflation holds steady at a five-year high of 3% in October, but food prices grow a fastest pace since 2014. Read more

UK Workers Facing 'lowest Salary Increase In Europe' In 2018

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The average British worker is in line to receive a 0.2% real salary increase next year, equating to a pay rise of around... Read more

Over A Third Of UK Workers Are Unhappy In Their Current Jobs

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New survey finds hordes of workers looking for new jobs as Christmas approaches. Read more

House Sellers Move To Slash Asking Prices In 'challenging' Market

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Some 37% of properties on the Rightmove website had reduced prices compared to when they were first listed. Read more

High Street Shops Close At The Slowest Rate Since 2010 But Sales Decline

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Data published from the BRC shows footfall declined 2% year-on-year in October, the biggest drop since June 2016. Read more

Tried-and-tested Technology The Cure To Britain's Productivity Ills, CBI Says

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Business group says firms could add over £100bn to the UK economy if they adopted readily available technology. Read more

Borrowers In East Midlands And SouthWest Will Fare Worst From Bank Of England Rate Hike

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However, overall interest rate rises will have limited effect on UK mortgage borrowers, research suggests. Read more

London Jobs Market At Lowest Ebb In 10 Months As Brexit Concerns Mount

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Some 6,300 new financial services roles were available in October, the lowest recorded since December last year. Read more

FTSE 100 Companies 'on Course' To Meet Gender Diversity Target

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Government-backed review reveals 28% of board positions in FTSE 100 companies are now held by women, up from 12.5% in 20... Read more

Economic Gap Between London And Rest Of UK Closing, Study Suggests

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Birmingham, Leeds, Newcastle, Liverpool and Derby were among the most improved cities in the UK over the past year. Read more

Woman Wins Almost £600,000 With £1 Bet After Landing 12-fold Accumulator

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Winner picked the teams solely on the basis of whether she liked their names or not after her son read out fixtures list... Read more

Average UK House Price Hits Record High And Interest Rate Rise Will 'not Be A Barrier' For Buyers

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Bank of England lifted interest rates for the first time in a decade last week, bringing the benchmark to 0.5%. Read more

Most UK Renters Believe They Will Never Own A Property

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Some 56% of Britons are pessimistic of their chances of ever owning property, a survey by Ipsos and ING shows. Read more

TUC Boss Warns Tech Revolution Could 'make Or Break' Future Of British Workers

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Frances O'Grady calls for unions, businesses and government to work together to embrace technological change. Read more

Jeremy Corbyn Says 'Britain Needs A Pay Rise' And Hits Out At Pace Of Brexit Talks

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Labour leader urges businesses to tackle sexual harassment on the workplace and warns subdued productivity will hamper B... Read more

EU Businesses Warn UK Exporters Could Lose Billions Worth Of Trade After Brexit

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Almost two-thirds of EU businesses polled by CIPS warn they are likely to move part of supply chain to countries in the ... Read more