With vacancies at records, unions see a one-off opportunity to increase wages, and will continue to push for double digit rises, for example rejecting Rolls Royce’s £2,000 cost of living payment. Employers including the government will resist, but workers may find some wind in their sails in negotiations.
Mr Jassy, who took over as chief executive two years ago, has focused on trimming costs and improving efficiency,...
The pound hit its highest level against the dollar in a year on Wednesday as investors bet on UK...
Although exports began to recover from a massive drop in January, over the quarter, the Observatory calculated that, of...
However, inflation is yet to fall back to the Federal Reserve’s 2% target, and on Thursday, figures from the...
ShareAction, the group behind the campaign for a new pay policy at the supermarket, said there was a “compelling...
Nye Cominetti, senior economist at the Resolution Foundation, added: “In the face of the current crisis, unemployed older workers...
The UK’s biggest airline, whose services from Heathrow Airport are likely to bear the brunt of this week’s cancellations,...
“Perhaps the report details, with the unemployment rate rising and average hourly earnings growth slowing, tilts the decision to...
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