Category: Economy & Uncategorized
Wage growth in Britain hit a four-year high of 2.7% in April, according to the Office of National Statistics (ONS) figures, delivering a welcome increase to household finances following the fall in inflation this year. But some analysts warned that the jump in real wages, the highest for seven years, would be short-lived if inflation continued to rise over the rest of the year and productivity remained flat.
Category: Business & Economy & Managment & Uncategorized
CEOs worldwide appear to be more concerned about the impact of a skills shortage on their business than at any point in the last six years, according to research by PwC, published in June 2015. CEOs are now finding it so difficult to find people with the skills they need to grow their business that three quarters of the 1,322 CEOs across 77 countries interviewed by PwC, rank skills shortage as the biggest threat to their business. This represents a 10 percentage point jump from 2014 and is up from less than half (46%) six years ago.
Category: Budget & Economy & Uncategorized
Chancellor George Osborne has surprised voters, political and business leaders alike by announcing that he will take the unusual step of delivering a second 2015 Budget on 8th July, just one hundred and twelve days after the Budget of 18th March. With an Autumn Statement also due later in the year, the second Budget will mean the Chancellor will deliver three important economic summaries and policy plans in the space of just nine months.
Category: Economy & Uncategorized
It’s only two months ago – on December 3rd – that Chancellor of the Exchequer George Osborne delivered his Autumn Statement. But we’re now just a few weeks away from his last Budget before the General Election, which will be held on May 7th.
Category: Economy & savings & Uncategorized
Did 2014 turn out to be a better than expected year for savers? According to a recent bulletin by Standard Life, the Autumn Statement by the Chancellor in early December rounded-off quite a year, with good news for ISAs and pensions.
Category: Economy & Uncategorized
It is now six years since emergency measures were put in place to protect the global financial markets from imploding when the banking crisis spiked in 2008. To stave off a liquidity disaster, many global policy makers decided to cut interest rates to record low levels.
At that juncture most experts, commentators and the investment community assumed this would be a short term effort; an emergency measure, maybe lasting months, if not months then just a year or two. Virtually no one could see interest rates remaining so low for so long.
