Category : Search result: Trump wage cuts


UK unemployment rises, youth hardest hit

UK unemployment climbs to 5.1% as labour market weakens, with youth unemployment reaching 16%. Wage growth slows amid budget speculation and business costs. Read the latest ONS data.

UK Jobless Rate Hits 5.1% as Labour Market Weakens

UK unemployment rises to a four-year high of 5.1%, with payroll numbers falling sharply. Wage growth slows, increasing pressure on the Bank of England to cut rates. Read the full analysis.

Hotel Profits Fall as Costs Rise in UK and London

UK hotels face a profit squeeze as rising costs outpace increased demand and room rates. Experts warn of challenges from wage hikes and frozen tax thresholds. Read the full analysis.

Argos loses £223m as over 2,000 jobs cut

Argos reports a £223.2m pre-tax loss for the year, with over 2,000 jobs axed. The retailer blames a tough market and poor summer weather. Read the full analysis.

HIV aid cuts risk 3.3m new infections by 2030

Devastating cuts to international health funding are reversing progress in the fight against HIV/Aids, with new reports warning of millions of new infections. Read the full analysis.

Budget Motability cuts follow rightwing campaign

Rachel Reeves targets Motability scheme in budget, removing tax breaks for premium vehicles after rightwing social media campaign. Disability groups condemn lack of consultation.

M&B profits jump 20% amid £130m cost pressures

Mitchells & Butlers reports strong £2.7bn revenue and 20% profit growth while facing £130m cost pressures from wage hikes and inflation. Discover how pub giants navigate economic challenges.

IFS Warns Budget Tax Plans Are 'Fiscal Fiction'

The Institute for Fiscal Studies warns Jeremy Hunt's budget relies on 'fiscal fiction' with unrealistic spending cuts and tax rises. Read the full analysis of the UK's financial outlook.

HP cuts 6,000 jobs in AI-driven restructuring

HP announces up to 6,000 job cuts by 2028 as it embraces AI technology. The restructuring aims to save $1bn annually while improving product innovation and customer service.

Reeves Confronts £110bn Debt Crisis in Budget

Chancellor Rachel Reeves must balance tax rises with spending cuts as Britain's debt servicing hits £110bn annually. Can she ignore political pressure and fix public finances?

Reeves' Budget Tackles Living Costs and £20bn Gap

Chancellor Rachel Reeves unveils a budget targeting the cost of living crisis with minimum wage rises and tax changes, while facing a £20bn shortfall and party discontent. Discover the key measures.

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