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Tag: Darren Morgan

GDP rises 0.1% in November thanks to World Cup and services sector

13 January 202314 January 2024Political Fiber0

The World Cup gave the UK economy an unexpected boost that increased GDP by 0.1% between October and November. Economists polled by Reuters had forecast a 0.2% contraction for the period but the rise “is likely to increase pressure on the Bank of England to raise interest rates,” reports the Financial Times. Cost of living […]

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UK’s record rise in redundancies compounded by jobs at risk from automation

15 December 202019 January 2024Joe Cahal0

The number of workers made redundant in the UK has soared to a record high in the three months to October – the original date for the end of the job furlough scheme. Figures released by the Office of National Statistics (ONS) show 819,000 fewer workers on company payrolls compared to pre-pandemic levels – a […]

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