Qualified advisers answering your
Financial Questions
call 0800 092 1245

UK employment market starting to wobble

The UK employment market, while still showing growth in September, has seen the number of additional jobs available fall to its slowest rate of growth for 11 months. There are now major concerns that the UK employment market could itself be on the verge of a "double dip" challenge which could be further exacerbated by the forthcoming reduction in employment numbers in the public sector.

The signs from the UK economy are very challenging and very difficult to understand to say the least with each report giving a different angle and a different opinion on the current and future performance of the economy. On one hand we have the services industry struggling to push ahead, yet employment still continues to grow, we have mortgage liquidity issues, yet the property sector has not really taken a major downturn yet. The recent announcement of a "slush fund" for small to medium-sized UK businesses, to be funded by the UK banks and the UK government, is encouraging but perhaps this is too little too late to avoid a potential double dip recession?

Over the last few days it has become plainly apparent that George Osborne's honeymoon period in office is well and truly over!

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details