BCC warning comes as Greggs flags price pressures amid surge in fuel and energy costsNearly two-thirds of UK manufacturers expect to raise their prices in the run-up to Christmas after being hit by mounting cost pressures, a leading employers’ group ha…
Rishi Sunak to announce £500m ‘plan for jobs’ extension
The chancellor will lay out a package of measures designed to stem rise in unemployment as furlough endsRishi Sunak will announce a £500m extension to his “plan for jobs” on Monday as the government tries to avoid a surge in unemployment after the furl…
‘Missing workforce’ could ease Britain’s labour market crisis
Vacancies are at record levels, so why are millions of people looking for jobs and what can be done to help them?When Caroline Cousin was made redundant from her job as a legal secretary in Greater Manchester during the first lockdown, she was warned s…
What the government has to do to get the economy moving again
Ministers must sit down with businesses to work out a recovery plan to stop Britain’s economy falling into recessionUK business confidence collapses as ‘stagflation’ fears growCovid cases rise as UK schools return and furlough endsThe events of the pas…
Covid cases rise as UK schools return and furlough scheme ends
Our latest snapshot of key economic indicators also finds record inflation and travel nearing pre-Covid levelsUK business confidence collapses as fears of ‘stagflation’ growOpinion: what government has to do to get economy movingThe number of daily new…
Martin Rowson on the end of furlough – cartoon
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Ditching furlough scheme will add to UK’s economic woes, warn unions and firms
Rishi Sunak criticised for cutting off wage-subsidy lifeline that still supports over a million jobsRishi Sunak’s decision to wind up the furlough scheme today will intensify Britain’s economic woes, an array of unions, business groups, employment expe…
Fears for 1 million furloughed staff with Sunak set to finally end scheme
After the success of the chancellors’s £70bn programme, there is uncertainty about the future direction of the economyThe biggest state intervention in the UK’s labour market in peacetime comes to an end this week when the government finally winds up i…
Inflation is poised to top 4%: is the Bank of England asleep at the wheel?
Analysis: Threadneedle Street is adopting a wait and see policy and keeping interest rates unchangedHigher energy prices will send the annual inflation rate above 4% by the end of the year and keep it there well into 2022. On the face of things, the Ba…
Autumn budget must show financial firepower behind ‘levelling up’ | Richard Partington
As the UK economy enters a rough patch, government needs to give substance to its flagship soundbiteBritain’s economic recovery from lockdown is stalling and inflation is on the rise. With the approach of autumn, prophecies made earlier this year for a…