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Unemployment: Private sector fails to replace lost public sector jobs

Last month, President Obama unveiled the American Jobs Act : a $447 billion package of proposed tax cuts and spending plans, designed to create jobs and reboot economic growth. Measures to stimulate job creation may also be required in the UK, if latest...

Published 7 Oct 2011 8:00 AM by XpertHR - Employment Intelligence

Filed under: economics, unemployment, pre-budget report, barack obama, george osborne, youth unemployment, american jobs act, autumn statement

Business tax cuts to be announced in Osborne's Pre-Budget Report 2011?

What can be done to reinvigorate UK economic growth? Writing on FT.com, Jim Pickard considers the situation facing Chancellor George Osborne : Osborne's problem is that growth is currently so slow that even a few tenths of a percentage point can make...

Published 2 Sep 2011 8:00 AM by XpertHR - Employment Intelligence

Filed under: economics, pre-budget report, gdp, george osborne, economic recovery, economic outlook, tax

Public spending cuts: No "flash of the blade" until after the 2010 election?

Arguably the most keenly-watched topic addressed by last week's Budget 2010 was that of tackling the UK's budget deficit, which Chancellor Alistair Darling said is expected to come in at £167 billion for the current financial year (lower than...

Published 31 Mar 2010 8:15 AM by XpertHR - Employment Intelligence

Filed under: public sector, pay awards, bank of england, economics, general election, alistair darling, unemployment, budget, pre-budget report, public spending, george osborne

Budget 2010 date confirmed as Wednesday 24 March 2010

Gordon Brown has confirmed the date on which Chancellor Alistair Darling will deliver the Budget 2010 as Wednesday 24 March 2010 (external website). This has fuelled media speculation that the 2010 general election will follow a little over six weeks...

Published 10 Mar 2010 9:15 AM by XpertHR - Employment Intelligence

Filed under: economics, general election, alistair darling, budget, pre-budget report, public spending

Budget 2010 to see tough decisions on public spending "postponed"?

The Budget 2010 will see decisions on public spending cuts "postponed" until after the 2010 general election (external website), according to the Sunday Times. Read More...

Published 8 Mar 2010 7:15 AM by XpertHR - Employment Intelligence

Filed under: economics, alistair darling, budget, pre-budget report, public spending, george osborne, david cameron, comprehensive spending review

Alistair Darling: Budget 2010 in March; election in May; "toughest" spending cuts in 20 years thereafter?

Labour is planning a post-election Comprehensive Spending Review which will prove to be "the toughest we have had for 20 years", according to an interview with Chancellor Alistair Darling (external website) published in the Times on Saturday...

Published 11 Jan 2010 7:15 AM by XpertHR - Employment Intelligence

Filed under: public sector, pay awards, economics, general election, labour party, alistair darling, budget, pre-budget report, public spending

Interest rates kept on hold at 0.5%, and unlikely to budge during 2010

The first interest rate decision of 2010 has now been announced by the Bank of England's Monetary Policy Committee. Unsurprisingly, UK interest rates have once more been held at their record low of 0.5% (external website). The smart money is now on...

Published 7 Jan 2010 12:00 PM by XpertHR - Employment Intelligence

Filed under: bank of england, economics, monetary policy committee, interest rates, pre-budget report

Pre-Budget Report 2009: public sector pay and pensions

Among the "tough choices on public sector pay" outlined in the Pre-Budget Report 2009 was the announcement that the Government will cap basic pay awards across the sector at 1% for 2011/12 and 2012/13. Read More...

Published 9 Dec 2009 7:30 PM by XpertHR - Employment Intelligence

Filed under: public sector, pay awards, pre-budget report

Pre-Budget 2009: reactions, links and more small print for HR

Here's a useful list of reactions to the Pre-Budget Report from unions and employers on ePolitix , plus a "wordle" from the guardian which heavily features the word "tax". The TUC's Nigel Stanley has done a useful summary of...

Published 9 Dec 2009 7:00 PM by XpertHR - Employment Intelligence

Filed under: pay and benefits, alistair darling, pre-budget report, childcare

Pre-Budget Report 2009: the small print on banker's bonuses

The reactions are coming in to the Chancellor's widely trailed proposal for a one-off tax on bonuses in the banking sector. Unsurprisingly the CBI warns that the "threat of an exodus of talent is real" while the TUC describes Darling's...

Published 9 Dec 2009 5:07 PM by XpertHR - Employment Intelligence

Filed under: pay and benefits, bonuses, economics, alistair darling, finance sector, pre-budget report

UK labour market looks healthy - for now

The latest Report on Jobs from the Recruitment and Employment Confederation and KPMG suggests that confidence has returned to the UK jobs market, with the picture looking healthier than at any time in the past two-and-a-half years. Read More...

Published 9 Dec 2009 10:28 AM by XpertHR - Employment Intelligence

Filed under: recruitment, labour market, pre-budget report

Pre-Budget Report 2009: Follow it live on XpertHR

Chancellor Alistair Darling will deliver what is arguably the most eagerly anticipated Pre-Budget Report since they were introduced in 1997 at 12.30 pm on Wednesday 9 December 2009. We will be providing live coverage of the Pre-Budget Report 2009 speech...

Published 3 Dec 2009 10:00 AM by XpertHR - Employment Intelligence

Filed under: pay rates, public sector, redundancy, economics, general election, alistair darling, hr policy and strategy, recession, pre-budget report, pay freeze, public spending, gdp

Pre-Budget Report 2009: What can HR expect?

Next Wednesday (9 December 2009), Chancellor Alistair Darling will deliver what is arguably the most eagerly anticipated Pre-Budget Report since they were introduced in 1997. Here we take a look at what HR might expect from the Pre-Budget Report 2009...

Published 2 Dec 2009 7:30 AM by XpertHR - Employment Intelligence

Filed under: public sector, pay awards, redundancy, economics, alistair darling, recession, pre-budget report, pay freeze, gdp

Economic outlook December 2009: 'Tis the season to be cautiously optimistic

A return to growth for pay awards and the possibility of an imminent end to the recession are good grounds for festive cheer - but don't get too carried away, according to the December 2009 economic commentary from CELRE , XpertHR's salary survey...

Published 1 Dec 2009 7:30 AM by XpertHR - Employment Intelligence

Filed under: usa, pay awards, economics, recession, christmas, pre-budget report, pay freeze, gdp

The recession is over, says Bank of England MPC external member

A growing body of evidence "suggests the UK economy has moved onto a recovery track and growth has resumed in the second half of this year", signalling the end of the 2008/2009 recession (PDF format, 83.7K) (external website). This is according...

Published 17 Nov 2009 7:15 AM by XpertHR - Employment Intelligence

Filed under: bank of england, economics, general election, monetary policy committee, economic indicators, recession, pre-budget report

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