Economics, government & business

Wages will not return to 2008 levels for another two years, the Resolution Foundation claims.

What do HR experts and labour market observers make of this year's Spring Budget?

Chancellor Jeremy Hunt confirmed the Treasury will cut the main rate of National Insurance by a further 2 percentage points to 8%.

Defence company Babcock International Group is creating more than 1,000 new jobs at its shipbuilding facility in Rosyth.

Jobs in London and Southern England are expected to grow at a faster rate than the rest of the UK between now and 2027.

Rolls-Royce Submarines is to create more than 200 jobs at new offices in Cardiff and Glasgow.

Sainsbury's has announced plans to cut 1,500 jobs as part of an ongoing programme to streamline operations.

Manufacturing giant Tata Group has confirmed it will invest £4bn in an electric vehicle battery plant in Somerset, creating around 4,000 jobs.

According to the latest monthly jobs market data from Adzuna, vacancies fell below 900,000 in January for the first time since April 2021.

Two academics at Oxford University who were employed on gig-economy style contracts have won a claim over their employee status.

The number of young people not in work, education or training at the end of 2023 increased, ONS reveals.

Employers and schools should work more closely together to improve student outreach and employability, according to the Institute of Student Employers.

The stores that will close immediately include four in London, where rents and other overheads are highest.

There were more than 870,000 new job postings in January 2024, and 1.8 million active job postings in the UK – a 4.2% increase from December 2023.

The Flexible After Fifty report from a roundtable that includes the CIPD and the British Chamber of Commerce, calls for older people to be more active in the workforce, with flexibility the key.