Growing signs of slowdown in UK jobs market, says Bank of England governor

Andrew Bailey warns of ‘significant decline in wage growth in year ahead’ as Bank prepares for interest rates decisionBusiness live – latest updatesThere are growing signs that the UK jobs markets is slowing as employers respond to higher national insurance contributions (NICs) by cutting hiring and offering weaker pay rises, the governor of the Bank of England has warned.Andrew Bailey said the combined effect of lower employment and weaker wages growth would be considered by the Bank’s nine-member monetary policy committee (MPC) when it next meets in August to set interest rates, which now stand at 4.25%. Continue reading...

Comments

Business News

Apple changes App Store rules in EU after being threatened with $570M fine

Newyork Post

Katy Perry and Orlando Bloom have reportedly split after a long-term engagement. Here's a timeline of their relationship.

about 1 hour ago

Pinterest global CMO Andréa Mallard said it's 'absolutely unacceptable' that social media makes people feel worse

insider

Comments

Similar News

My first dog was a handful, so I built the training app of my dreams. It became a $20 million business &mdash; and we're still growing.

EDR looking to grow the economy by growing local businesses

UK regulators may force Google to open search engine to more competition as AI threat grows

Logan Paul's Prime sales plummet in a key market as the once-popular drink has growing pains

Jeff Bezos’ Wedding Is This Week—Here’s What We Know About Secretive Ceremony As Protests Grow

Power Outages Grow As Heat Wave Grips U.S.: New York City, Cleveland, Philadelphia Impacted

A vertical forest growing in the Netherlands: in pictures

My small American town was perfect for growing up, but not for building a career. So I moved to China.

Industry Energy Demand And Costs Keep Growing. Clean Energy Can Help.

Gloom grows in UK boardrooms as bosses lament 'hostile' economy

Europe’s Growing Fear: How Trump Might Use U.S. Tech Dominance Against It

Ukraine Wears Down Russian Artillery, But Drone Threat Is Growing

'Beautiful and incredibly fast-growing' set of 9 flowering plants is best-seller on Amazon

Bank of England ‘unlikely’ to cut interest rates as inflation pressure grows

Bank of England ‘unlikely’ to cut interest rates as inflation pressure grows

Bank of England ‘unlikely’ to cut interest rates as inflation pressure grows

As anti-tourism protests grow in Europe, we need a rethink – but that’s no reason to stop travelling | Leah Pattem

Sextortion scam warning to students as building society sees ‘growing trend’

Sextortion scam warning to students as building society sees ‘growing trend’

Retail Spending Falls For Second Month In A Row As Consumers Grow Anxious

Business News

Apple changes App Store rules in EU after being threatened with $570M fine

White House says pick to replace Fed’s Powell not ‘imminent’ after Trump floats ‘3 or 4’ candidates

Inside the campaign to find a new Republican to run against Mamdani

NYC cracks down on hundreds of Airbnb hosts over illegal rentals, revokes licenses

The dollar hits three-and-a-half-year low against the euro and sterling

Wall Street intern survival guide: how to survive summer at Goldman, Citadel, and more

Salesforce AI is handling customer inquiries with 93% accuracy, Marc Benioff says

McCormick CMO Tabata Gomez shares how she restructured her team's workflow to be more 'agile'

Microsoft transfers a top cybersecurity executive out of the company's security group, internal memo shows

Katy Perry and Orlando Bloom have reportedly split after a long-term engagement. Here's a timeline of their relationship.

Pinterest global CMO Andréa Mallard said it's 'absolutely unacceptable' that social media makes people feel worse

Agricultural weed control is a delicate process. AI tools could transform how farmers tackle it.

Every Major Global Energy Source Hit Record Highs In 2024

Who Will Replace Anna Wintour At Vogue?

Chris Cuomo Compares Mamdani Supporters To Left-Wing Version Of MAGA

Geno Suárez Homers His Way Into History

Ateez Reaches A New Career Peak As It’s Latest EP Misses The Main Albums Chart

NFL Narrowly Defeats Collusion Claims Over Guaranteed Compensation

J-Hope’s Winning Streak Continues With Another No. 1

Lisa Joins BTS And Rosé With Her First Solo Top 10 Smash

Why The Hornets Draft Pick Liam McNeeley Slid To No. 29

Tony Hawk’s New Quest: Conquering Home Improvement

Trump Administration Says It Plans To Deport Abrego Garcia Before He Stands Trial

Bill Moyers, Presidential Aide and Veteran of Public TV, Dies at 91

Trump Threatens to Sue The New York Times and CNN Over Iran Reporting

Anna Wintour Cedes Vogue Editor in Chief Title But Will Retain Editorial Control

Young leaders advancing potential climate solutions could win $1 million grants

Federal judge orders U.S. Labor Department to keep Job Corps running during lawsuit

Average long-term U.S. mortgage rate drops to 6.77%, the lowest level since early May

U.S. economy shrank 0.5% in the first quarter, worse than earlier estimates had revealed

Families and businesses are concerned about the effect of tariffs on youth sports

More refunds are being sent to Fortnite players 'tricked' into unwanted purchases. How you can apply

U.S. stocks climb to the brink of a record

Pringles maker Kellanova's shares rise after U.S. regulators approve its proposed merger with Mars

The average rate on a 30-year mortgage fell to 6.77% this week, Freddie Mac says, the lowest level since early May

State pension age bombshell as retirement age rise could be 'brought forward'

Four-piece patio fruit tree collection gets price slashed from £60 to £10 in flash sale

Americans are looking to stock up on gas masks, emergency meal kits, and power banks as anxiety builds

Engineers Gate has topped $4 billion in assets and 75 portfolio managers amid streak of double-digit returns

Marketing leader Jonathan Adashek shares how IBM is communicating its AI tools to both employees and clients

Jack Black’s ‘Steve’s Lava Chicken’ Tops Movie Songs Chart For 2nd Month

New York Sirens Select Casey O’Brien Third Overall In 2025 PWHL Draft

‘Squid Game’ Star Lee Jung-Jae On His Character Gi-Hun And The Show

There Were 7 Shutouts In Major League Baseball Last Night

Prioritizing Diversity, Film Academy Will Widen Membership

‘Nepo-buyers’ are America’s new class of homeowners, thanks to parents

Humanoid robots guided by AI set to compete in first 3-on-3 soccer game

Elon Musk reportedly fires longtime ‘fixer’ Omead Afshar as Tesla sales slump

Under-threat bioethanol plant says talks with Government a ‘positive signal’

Fox News Channel sees 109% surge in YouTube viewership, besting MSNBC, CNN

Anna Wintour steps down as editor-in-chief of Vogue after 37 years

Your credit score might soon be impacted by Buy Now, Pay Later loans

Hairdresser-recommended ghd hairdryer that ‘cuts drying time in half’ is slashed by over £80

U.S. economy shrinks 0.5% in Q1, 1st contraction in 3 years

Ontario confirms $215M to boost shipbuilding, links move to federal NATO commitment

Under-threat bioethanol plant says talks with Government a ‘positive signal’

CMO Sumit Virmani talks Infosys' AI celebration of Rafael Nadal

My first dog was a handful, so I built the training app of my dreams. It became a $20 million business — and we're still growing.