Unemployment Rate

Bank of England keeps interest rates unchanged at 5.25%

Following 14 straight rate rises, the Bank of England (BoE) has kept interest rates unchanged at 5.25%. At its latest…

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Not-for-profit Fair Shot Café opens in Covent Garden

Fair Shot Café, the social enterprise, not-for-profit operator, has opened at The Yards, Covent Garden. The project focuses on tackling…

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Bank of England raises interest rates by 0.5% to 3.5%

The Bank of England (BoE) has announced that interest rates will be raised by 0.5%, bringing the base rate of…

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BoE hikes rates to 1.75%, warns UK to enter recession until 2024

The Bank of England (BoE) has raised interest rates from 1.25% to 1.75%, marking the biggest rise in rates since…

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BoE raises interest rates to 1.25%

The Bank of England’s (BoE) Monetary Policy Committee has voted to raise interest from 1% to 1.25% – marking its…

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Unemployment rises 5% to 1.7m

The UK unemployment rate rose by 5% in the three months to November with over 1.7 million people now out…

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UK unemployment rises to 4.5%

The UK unemployment rate increased to 4.5% during the three months to August, the highest level in over three years. …

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UKH warns of major hospitality job losses without employment support

UKHospitality (UKH) has warned that at least 900,000 hospitality jobs are at risk unless the UK Government offers a sector-specific…

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‘Massive surge’ in applications to hospitality jobs amid lockdown measures

Applications to hospitality jobs “soared” by 119.9% month-on-month in March, as the industry’s professionals “desperately scrambled” for work amidst the…

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UK GDP expected to contract by 15% in Q2 2020

The UK economy is about to enter the deepest recession since the financial crisis, including the steepest quarter-on-quarter decline in…

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