Category : Search result: textile industry unemployment


UK 2026 Growth Forecast Slashed to 1% by KPMG

KPMG forecasts UK GDP growth will slow to 1% in 2026, with unemployment rising to 5.2%. Business surveys reveal deepening pessimism across services and manufacturing sectors.

JD Sports hit by UK youth unemployment

JD Sports warns annual profits will be at lower end of forecasts as high youth unemployment and lack of spare cash among under-25s causes a 3.3% sales slide in the UK, its worst-performing market.

Ex-Bank of England chief criticises budget 'mistakes'

Former Bank of England chief economist Andy Haldane condemns the government's 'repeated mistakes' ahead of the Budget 2025, arguing the process is 'sucking all life' from the economy. Read the full analysis.

UK economy grew 0.1% amid JLR cyber-attack impact

The UK economy expanded by just 0.1% in Q3 2024, with September GDP falling 0.1% after a crippling cyber-attack on Jaguar Land Rover slashed car production to a 73-year low. Discover the full economic impact.

Universal Credit claimants soar to 8.3 million

New government figures reveal a surge of 1.1 million Universal Credit claimants in a year, with nearly half not required to work. Discover the latest on the UK's welfare reforms.

UK Jobs Data Fuels December Rate Cut Hopes

UK unemployment jumps to 5%, sparking expectations of a Bank of England interest rate cut in December. Discover how this impacts gilt markets and the economy.

UK unemployment rate rises to 5%, a four-year high

UK unemployment climbs to 5%, its highest in four years, creating a major challenge for Chancellor Rachel Reeves's upcoming budget. Explore the implications for interest rates and the economy.

UK unemployment hits four-year high of 5%

UK unemployment rate surges to 5%, the highest level since February 2021. Payroll numbers fall as wage growth slows. What this means for the economy and interest rates.

UK Retail Braces for Black Friday & Budget

UK retailers face a tense November with Black Friday sales and the Autumn Budget. New data reveals sluggish retail sales and rising unemployment. Stay informed on the latest market analysis.

Dudley's NEET crisis: 1 in 5 youth inactive

Shocking data reveals almost 20% of Dudley's school-leavers are not in education, employment, or training. Experts blame curriculum gaps and call for technical education investment.

Lawrence: Intimacy Coordinator Was 'Pervy'

Oscar-winner Jennifer Lawrence reveals shocking experience with intrusive intimacy coordinator during filming of 'Die, My Love' with Robert Pattinson, calling the professional's behaviour 'pervy' and unprofessional.

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