Category : Search result: unemployment crisis


350,000 new training places for young unemployed

The UK government is offering 350,000 training and job opportunities to young people on Universal Credit, with potential benefit sanctions for non-engagement. This aims to tackle the near-million youth 'Neet' crisis.

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.

French Wine Crisis: 20% of Growers Face Closure

French independent winemakers issue an urgent plea for government aid as a catastrophic sales slump, Trump tariffs, and the worst harvest in 70 years threaten the industry. Read more.

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.

G'aim'e Time Crisis Lightgun Review: Arcade Revival

Hands-on review of the G'aim'e Time Crisis lightgun console bringing Namco classics to modern TVs. Discover how this Kickstarter project recreates arcade magic with authentic hardware and gameplay.

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.

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