It’s been some time since we saw a weakness in the UK job market. But this week we received news from the Office for National Statistics (ONS) that unemployment rose slightly to 4.2% (from 4%) in the three months to August 2023. So, what’s happening to the UK economy? The ONS explained that the figures […]
Tag Archives: UK inflation
26
Jul
Jul
According to the Office for National Statistics (ONS), the UK’s inflation rate has decreased to 7.9% for the year ending in June. This is positive news as the rate of price increases is slowing down. However, it’s important not to become complacent and to continue monitoring your finances closely. In the current economic climate, managing […]
05
Apr
Apr
With continuing inflation in the UK, many of us and our businesses have been put “off track” in the short to medium term so how do you mitigate the long-term effect of inflation? The Bank of England recently increased interest rates by a quarter of a percentage point to 4.25%. This is despite the […]
20
Mar
Mar
After presenting a Budget-in-all-but name with the Autumn Statement, the Spring Budget was delivered against the backdrop of a day of widespread industrial action. The run-up to the event appeared deliberately downplayed, save for a late flurry of leaks highlighting a focus on childcare at one end of the scale and pensions at the other. […]
01
Feb
Feb
Inflation is affecting everyone and every business across the globe. How do you do business during these inflationary times and where should you pay attention. Soaring inflation is making things difficult for business as costs rise and, in some cases, go out of control. Consumers are also experiencing the pressures of rising prices and hence […]
13
Jul
Jul
It’s been a very long week at least on the domestic political scene. It seems longer than just a week ago when we saw the resignation of Sajid Javid followed very quickly by the then Chancellor Rishi Sunak causing a chain reaction eventually leading to the Prime Minister’s (PM’s) resignation. So here we are a […]