by Shilling Group | Dec 13, 2024 | Shilling Summary
EMPLOYMENT SThree sees bleak outlook for job market The Times The white-collar jobs market is expected to remain down for most of next year due to economic and global uncertainties, according to Timo Lehne, CEO of SThree. The main reason for the downturn is...
by Shilling Group | Dec 12, 2024 | Shilling Summary
REGULATION Banks exit Lending Standards Board Sky News HSBC and Lloyds Banking Group have announced their withdrawal from the Lending Standards Board (LSB), a self-regulatory body established to improve lending practices following the 2008 financial crisis. This...
by Shilling Group | Dec 11, 2024 | Shilling Summary
TAX Chancellor refuses to rule out tax rises next year The Daily Telegraph Daily Mail Rachel Reeves has indicated that future tax increases cannot be ruled out, saying: “I can’t write five years’ worth of budgets in just the first five months of...
by Shilling Group | Dec 10, 2024 | Shilling Summary
REGULATION Regulatory red tape stifles UK economy The Times Lord Sedwill, the former cabinet secretary, has endorsed calls to reduce regulatory red tape, asserting it hampers the UK economy. A report from the Policy Exchange think tank revealed that the headcounts of...
by Shilling Group | Dec 9, 2024 | Shilling Summary
OUTLOOK UK business confidence collapses The Independent UK UK business confidence has reached its lowest point in nearly two years, according to the latest Business Trends Report by BDO. The BDO optimism index fell by 5.81 points to 93.49 in November, marking the...
by Shilling Group | Dec 6, 2024 | Shilling Summary
OUTLOOK BoE: Over half of UK firms plan to raise prices Reuters The Daily Telegraph City AM Daily Express According to a survey by the Bank of England, over half of UK firms anticipate raising prices due to Labour’s recent National Insurance hike. Specifically, 54% of...
