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Blow for Boris as Bank of England slashes UK growth forecast
The Bank of England now expects GDP to grow by 3.75% this year, not 5%, putting at risk the Prime Minister’s claim that the UK is the fastest growing G7 economy
Ofgem to announce 50% energy price cap jump
The new price cap will be announced on Thursday and the tariff will come into force from April
KPMG partner pay jumps 20% to £688,000 in ‘hottest deal market ever’
KPMG’s 14,700 UK staff will also share a “market leading” £100 million bonus pool as professional service firms enjoy a strong rebound from the pandemic
Addison Lee sweetens sign-up offer in push to attract new drivers
Improving the already generous offer underlines just how tight the current jobs market is
Are we seeing the beginnings of Boris Johnson’s high wage economy?
Everywhere you look it seems like pay is going up
Pret to raise staff pay to up to £10.15 an hour from April
8,000 servers will get a pay increase from £9.40 to up to £10.15 per hour from April
Barclays UK CEO: Old model not fit for purpose — we need collaboration
Matt Hammerstein, the CEO of Barclays UK, says new Bank Hubs and work on the Access to Cash Group show banks now need to work together to tackle the future
The MPC blew it last month — inflation shows they need to act
The Bank should have put up interest rates in November — it’s high time they acted
A new David vs. Goliath battle for SMEs: Getting hold of cardboard
Independent brands have told the Standard they are facing shortages of essential items like cardboard as supply chain issues cause havoc around the world
Comment: Carlyle dumping Metro Bank shows bank branch bet disaster
The pandemic has only accelerated the shift towards online banking and most rivals are closing stores at a rate of knots
LV= row escalates as CEO accuses Royal London of ‘lobbing grenade’
‘We wait a year, we’re in the middle of a very important vote, at the last minute they lob a grenade,’ LV CEO Mark Hartigan says
Job vacancies at record high -- Bank rates set to rise
Employment market healthy, but cost of living worries grow
How small businesses can attract staff in the war for talent
With over 1 million job vacancies across the UK, small businesses need to be flexible and sell their company vision in order to attract new staff and grow their business
UK GDP numbers add to the Bank of England’s interest rate headache
Britain’s recovery is in a confusing phase where seemingly contradictory lights are flashing on the economic dashboard and meters are swinging wildly
Shock and the City: Bank of England holds rates but not for long
Bank now warns inflation could hit 5% as City gets it wrong on rates
Autumn Budget 2021: What business wants from Rishi Sunak
Rishi Sunak delivers the government’s latest budget at 12.30pm in Parliament on Wednesday
This London council is handing out free £20 vouchers to spend locally
The move is reminiscent of the US Government’s stimulus cheques and is being made to help small, independent businesses after a year of pandemic disruption
UK GDP numbers show there are hard yards ahead for the economy
Getting this far was the easy part. Finishing the job of getting back to pre-pandemic levels is going to be much harder.