Nov 1, 2024 | Current Affairs
Nationwide reported a slowdown in UK house price growth in October, with annual growth slipping to 2.4% compared to 3.2% in September. This marks a cooling in the market after recent highs, though October’s rate remains the third strongest since late 2022. The average...
Oct 30, 2024 | Current Affairs
Millions of low-paid workers are set to benefit from a significant wage boost. Starting in April 2025, the national living wage (NLW) will rise by an inflation-beating 6.7%, equating to an extra £1,400 annually for full-time workers over 20. The new daily rate will be...
Oct 25, 2024 | Current Affairs
In a recent directive, the Cabinet Office reinforced a policy requiring civil servants to spend at least 60% of their working hours in Government buildings or attending business-related meetings. Department heads have been urged to enforce this rule, and senior...
Oct 23, 2024 | Current Affairs
For the first time in over two years, employee earnings growth in Great Britain has fallen below 5%, narrowing the gap between wages and inflation. This development increases the likelihood of further interest rate cuts by the Bank of England (BoE) Slowing wage growth...
Oct 21, 2024 | Current Affairs
A recent report by the Office for National Statistics (ONS) has revealed that the UK’s real gross domestic product (GDP) per head remains 0.6% below pre-pandemic levels as of mid-2024, despite a 2.9% growth in total GDP since 2022. The gap between population growth...
