Unemployment falls to 3.8%

The unemployment rate in the UK has fallen to its lowest rate in nearly 45 years, at 3.8%. Figures from the Office for National Statistics show that from January to March 2019, an estimated 1.3 million people were unemployed, while 37.2m were in employment. The last...

Increasing state pension age fuels jobs market growth

Increases in the state pension age are believed to be partially responsible for the UK's employment rate reaching its highest rate since records began in 1971. According to the Office for National Statistics (ONS), the employment rate in the UK reached 76.1% between...

‘Positive action’ needed for retail and hospitality

Businesses in retail and hospitality risk being left behind by the Government's Industrial Strategy, according to a report by the Business, Energy and Industrial Strategy (BEIS) committee. The committee said that while the Industrial Strategy has focused on support...

Customs checks to be relaxed in no-deal Brexit scenario

Businesses that import goods from Europe will not have to make immediate declarations to customs in the event of a no-deal Brexit, the Government has revealed. The new guidance from HMRC claims importers will file a simplified online form up to two hours before a...

Businesses warn against no-deal Brexit

Business groups have called for politicians to work together to avoid leaving the EU without a deal, following Parliament's historic rejection of the Government's Brexit proposal on 15 January 2019. MPs voted 432 votes to 202 to reject Prime Minister Theresa May's...