by Shilling Group | Jan 10, 2025 | Shilling Summary
EMPLOYMENT Permanent job vacancies slip City AM The Guardian The UK job market is experiencing significant challenges, with permanent job vacancies declining at the fastest rate since August 2020, according to the latest report from KPMG and the Recruitment and...
by Shilling Group | Jan 9, 2025 | Shilling Summary
TAX Reeves scanning for new tax hikes as economy falters The Daily Telegraph Daily Mail Chancellor Rachel Reeves is preparing for further tax increases following a record £41.5bn tax rise aimed at addressing a £22bn deficit in public finances. Despite her assurance to...
by Shilling Group | Jan 8, 2025 | Shilling Summary
OUTLOOK Construction industry sees slowest growth in six months Daily Mail Britain’s construction sector experienced its slowest growth in six months in December, with the S&P Global UK Construction Purchasing Managers’ Index (PMI) dropping to 53.3...
by Shilling Group | Jan 7, 2025 | Shilling Summary
EMPLOYMENT Job cuts surge at UK services firms The Daily Telegraph Daily Mail Daily Mirror The S&P Global UK services PMI survey revealed a score of 51.1 in December, a slight increase from November’s 50.8, indicating marginal growth. However, the services...
by Shilling Group | Jan 6, 2025 | Shilling Summary
OUTLOOK Nearly a third of businesses will need financial support The Times According to BDO, British businesses are facing significant challenges due to supply chain disruptions and rising costs, with 32% of mid-sized firms indicating they require additional financial...
by Shilling Group | Jan 3, 2025 | Shilling Summary
EMPLOYMENT Minimum wage costs leap to a record high The Times Daily Mail UK businesses employing minimum wage staff will see costs increase by over £2,000 per worker this year, with the tax burden reaching a record high, according to the Centre for Policy Studies. The...
