Economics, government & business

The chancellor is expected to unveil a series of growth plans that will create jobs and boost the UK economy by up to £78 billion.

Cardiff University confirms proposals to cut 400 academic jobs – 7% of its total workforce – in an effort to secure long-term future.

Billions of pounds in defined benefit (DB) pension schemes could be invested as government eases surplus release restrictions.

More than 1,000 British jobs have been saved following the takeover of Titanic shipbuilder Harland & Wolff (H&W).

Gig economy apps Temper and YoungOnes warned they may be operating illegally by providing "freelance" workers to business.

WH Smith has confirmed it is seeking a buyer for its high street stores, which could put staff in its 500 shops at risk of redundancy.

Most organisations are expecting pay rises to be lower in 2025, with increases to employer National Insurance likely to impact awards.

The average advertised salary in the UK has crossed £40,000 for the first time, according to the latest data from Adzuna.

The Office for National Statistics will spend £8 million hiring temporary staff in a bid to fix problems with its Labour Force Survey (LFS).

Concerns around an increase in employer taxes have contributed to a record jump in the number of UK businesses in financial distress.

Rolls-Royce Submarines will provide manufacturing and providing support services for nuclear reactors for the UK’s fleet.

Sainsbury’s has revealed plans to axe 3,000 jobs by cutting most of its cafes and hot food counters and reducing management roles by a fifth.

The UK government will publish an immigration white paper later this year that will review the current rules around recruiting high-skilled workers from overseas.

The US government has issued a memo to federal agencies telling them to prepare to lay off staff who work in diversity, equity, inclusion and accessibility programmes.

Median pay rise for autumn 2024 declined to 3.3%, according to Brightmine, as national insurance change begins to have an impact.