Blog tagged as UK economy
Dive into the multifaceted repercussions of the Bank of England's rate jump to 5%. Explore how this critical financial shift is influencing the cost of borrowing for businesses, transforming mortgage borrowing, and leaving an indelible mark on the real estate market.
Explore the key issues impacting the UK economy, from Brexit implications and labor shortages to the housing crisis and the pressure to transition to greener practices. Discover the challenges and opportunities that lie ahead for the UK's economic landscape.
New minimum wage rates that will apply from the 6th April 2020. The increased rates were recommended by the Low Pay Commission, an independent body that advises the Government.
Latest statistics have revealed that UK manufacturing grew steadily at the end of the first trimester of this year but there are concerns about the stability of this growth.
The closure of more high street shops has highlighted a transformation in the retail industry and the way that consumers are choosing to shop for fashion items.
It’s time for big businesses to move over, mid-sized firms are leading the way when it comes to economic growth in the UK. Ambitious small businesses are taking steps to seize opportunities and put their expansion plans into action.
The collapse of Carillion, a major British multinational facilities management and construction services company, has highlighted some major downfalls within the UK construction industry .