More working days were lost to strikes in the UK in 2022 than in any other year. Almost 500,000 nurses, midwives, and healthcare assistants are represented by the Royal College. The government is introducing legislation that will make it more difficult for important workers to strike. More working days were lost to strikes in the … Read more
Inflation reaches its highest level in 40 years as the cost of living problem worsens. Last month, the rate jumped to 9%, the highest level since similar figures from 1982. The Office for National Statistics (ONS) reported a broad-based increase in prices for ordinary goods and services in April. There was an unprecedented 54 percent … Read more
Official data released on Thursday indicated that Britain’s economy rebounded somewhat less than expected last year, pointing to a considerably tougher 2022 due to the consequences of the Ukraine crisis and increasing prices. The Office for National Statistics announced in a statement that GDP increased 7.4% in 2021, down from an early estimate of 7.5 … Read more
LONDON: Britain’s unemployment rate has fallen below four percent to reach its pre-pandemic level, official data showed Tuesday. The UK unemployment rate dropped to 3.9 percent in the three months to the end of January from 4.1 percent in the final quarter of last year, “returning to pre-coronavirus pandemic levels”, the Office for National Statistics … Read more
LONDON: Britain’s economy grew by a record 7.5 per cent last year on easing Covid curbs after a pandemic-driven collapse, official data showed, but analysts warned that sky-high inflation clouds the 2022 outlook. The expansion, which was the fastest since records began in 1948, followed a record 9.4 per cent slump in 2020, the Office … Read more
LONDON: UK annual inflation has hit the highest level since 1992, data showed Wednesday, adding pressure to the cost of living and on the Bank of England to keep raising rates. The Consumer Prices Index (CPI) edged up to 5.5 per cent in January from 5.4 per cent in December, also a level not seen in … Read more
LONDON: British retail sales slid in December, as consumers shunned the high street due to concerns over the Omicron coronavirus variant, official data showed on Friday. Total sales volumes dropped 3.7 per cent last month compared to November, the Office for National Statistics (ONS) said in a statement. Sales had risen by one per cent in … Read more
LONDON: British annual inflation accelerated in December to its highest level for almost three decades, official data showed on Wednesday, fuelled by price gains for clothing, food and furniture. The rate hit 5.4 per cent last month after striking a decade-high in November on jumping fuel costs, the Office for National Statistics said in a statement. … Read more
LONDON, Jan 5, 2022 (AFP) – More than one in 20 people in Britain had Covid-19 in the last week of 2021, the highest infection rate recorded during the pandemic, official data showed Wednesday. An estimated 3.7 million people in the UK had the virus, up from 2.3 million the previous week, as the Omicron variant … Read more
LONDON: British inflation has rocketed to its highest level for more than 10 years on broad-based price gains, data showed on Wednesday, sparking fears that wages will fail to keep pace on the eve of a Bank of England interest rate decision. The annual inflation rate surged to 5.1 per cent in November after 4.2 per … Read more
LONDON: Unemployment in Britain has fallen again, despite the end of a government scheme to keep millions of private-sector workers in their roles during the coronavirus pandemic, official data showed on Tuesday. The jobless rate, which measures the number of people out of work as a proportion of the working population as a whole, slipped to … Read more
