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UK Economy News

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Conservatives Undecided On Benefit Cuts

The Conservatives have not made any decisions yet in regards to benefit cuts they might make if they win the oncoming general election, the BBC has reported.

2.3m Brits Struggling Due To Zero Hour Contracts

Research from the Debt Advisory Centre (DAC) has shown that 2.3 million people in the UK are struggling with fluctuating incomes due to zero hours, flexible or temporary contracts.

48 UK Firms Paying Less Than Minimum Wage

Ministers have named and shamed 48 UK firms, including a number of high street shops, who have failed to pay their employees the minimum wage.

Transport In North Of England Set To Be Improved

The government has announced plans to overhaul transport across the north of England, helping to create a “northern powerhouse”.

Osborne Called To Spell Out Welfare Cuts

The Institute of Fiscal Studies (IFS) has said that Chancellor George Osborne needs to spell out how he plans to cut £12 billion from welfare spending.

Budget 2015: The Main Changes

Chancellor George Osborne announced his annual budget yesterday, which mainly targeted savers, workers and first time buyers.

High Street Shops Continue To Decline

Research from The Local Data Company has shown that more high street stores closed than opened last year, at the rate of 16 closures per day.

National Express To Pay Living Wage

National Express transport firm has pledged to pay all it’s workers the living wage from January 2016.

Osborne To Announce Budget To Try And Win Last Minute Voters

Chancellor of the Exchequer, George Osborne, is set to announce his 2015 budget next week in a last minute attempt to swing the May general election in favour of the Conservatives.

Older Workers Will Help Boost Economy And Jobs

A government backed report has claimed that people retiring later and staying on the workforce into their 50s creates more jobs for younger people, not fewer.

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