Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.

Pay excluding bonuses rose 5.6% in the three months through November from a year earlier Read more at straitstimes.com.

A recent study by the Confederation of British Industry (CBI) revealed intentions for price increases and job losses as ...

But with inflation above target and global bond sell-off sending the cost of government borrowing soared ... slower as a result of the Labour's first budget. Looking even further ahead than ...

Soon after her UK budget on Oct. 30, as economic sentiment plummeted and businesses protested higher taxes, an under-pressure ...

Sainsbury’s today announced it will cut over 3,000 jobs, including 20% of senior managers — a headline we shared among colleagues in the newsroom simply with the comment: “oof.”“Oof” is right. It is a ...

British finance minister Rachel Reeves told Reuters on Thursday that she will announce changes if necessary in March to meet ...

That left Rachel Reeves, Britain’s chancellor, with an uphill task when she arrived at the Swiss alpine town to court ...

Campaigners and charities have raised concerns that Rachel Reeves will use a speech outlining Labour's plans for economic ...

Chinese tech firm DeepSeek launched a free assistant it says uses less data at a fraction of the cost of the major players in ...

Stocks ticked lower from their opening levels after a raft of economic data painted an unpleasant picture of the economy. The ...

A third runway at Europe's busiest airport has reared its head again after Chancellor Rachel Reeves ... government will be tabling an amendment to the Finance Bill, which will see the October ...