33 h. ago Labour's jobs disaster as Reeves comes back for MORE tax: Unemployment surges to four

Grim figures showed the jobs market crumbling, with redundancies rising, as the Chancellor prepares to impose more tax hikes.

Events

34 h. ago Jobless rate hits highest since early 2021 amid ‘weakening’ labour market

The ONS said the unemployment rate rose to 5% in the three months to September, up from 4.8% in the three months to August.

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48 h. ago Tax rises are coming... and if air travellers are sacrificed to pay even more, it will be a disaster for Britain, says former BA boss

Rachel Reeves' plans to hike taxes on holidaymakers would be a 'disaster for Britain', a former British Airways boss has warned.

Economics

63 h. ago Lisa Nandy makes grovelling apology after giving top job to Labour backer without disclosing his 'significant donations'

The Culture Secretary confirmed that the funding given to Labour by David Kogan was discussed in his interview for the £130,000 role.

Politics

6 d. ago North Sea oil firm Harbour Energy axes 250 more jobs as pressure mounts on Labour to scrap windfall tax

The company said the latest cull means it has cut around 600 jobs since the so-called 'energy profits levy' was introduced in 2022 - underlining its damage to the economy.

Economics

7 d. ago Keir Starmer could become a world class DJ if he gets boot from Downing Street

The Labour man may have a next job lined up already if he is ousted from Number 10 after revealing an unlikely musical connection to legendary DJ Fatboy Slim

Politics

9 d. ago Top City Economist: My ten point guide to what the Budget will deliver

Chancellor Rachel Reeves could lost her job if Labour lose more ground in the polls

Economics

2 w. ago MPs deliver 'grim' verdict on Labour's oil and gas strategy amid 'heaving job losses' warning

Labour ministers have been warned the “scale-up of clean energy is progressing more slowly than the decline of the oil and gas sector” with jobs being lost as a result.

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4 w. ago Young people are biggest victims of UK’s fragile jobs market

Firms too scared to take a chance on youngsters when taxes and minimum wages are higher, expert saysUK labour market shows signs of stabilising after job lossesBusiness live – latest updatesSo much about the UK jobs market is influenced by Rachel Reeves. Without overdoing the blame, say many experts, the chancellor’s tough budget last year and the likelihood of a repeat next month hangs over employers and how they recruit and pay staff.The latest official figures show a rising number of young people out of work in the three months to August. More broadly, unemployment rose to a four-year high and the number of vacancies fell. And then there was the stubborn increase in the public sector wage bill, which outpaced the much more modest increase in private sector wages. Continue reading...

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