UK Economy Stagnates as Construction Output Plummets
Britain's economic recovery hits a wall as construction output plummets 1.9% in April, wiping out service sector gains and raising Budget concerns for the Chancellor.
Category : Search result: services sector
Labour unveils pay boost and reform for England's care sector
The Labour government announces transformative plans to tackle England's care crisis with significant pay increases and a new national negotiating body, marking the biggest reform in decades.
Private sector jobs surge past pre-pandemic peak
Exclusive analysis of ONS figures shows a dramatic jobs market reversal, with private sector employment hitting a record high as the public sector workforce contracts for the ninth consecutive quarter.
UK Economy Stagnates with 0.0% GDP Growth in April
New ONS data reveals zero growth in April 2024, dashing hopes of a post-recession rebound. The services sector stalled while production fell, putting pressure on the next government.
BOE Governor: EU Rules Pose Material Risk to UK Stability
Andrew Bailey cautions that Brussels' post-Brexit financial regulations could create 'material risk' for the UK, urging for greater cooperation to prevent market fragmentation.
UK Economy Grows 0.4% in May, Exceeding All Forecasts
The UK economy grew by a stronger-than-expected 0.4% in May, according to the Office for National Statistics. Chancellor Rachel Reeves welcomes the data but warns of the 'challenge' inherited from the previous government.
UK Economy Stalls: 0.0% GDP Growth in April
New ONS data reveals the UK economy showed zero growth in April 2024, with a sharp slowdown from the 0.4% expansion in March. The services sector stalled while production fell, putting pressure on the next government.
Unison Chief: UK Social Care System is 'Broken'
Christina McAnea, head of Britain's largest union, issues a stark warning on the UK's social care crisis, calling for immediate funding and a national strategy to fix the crumbling system.
Pub Saviour: How One Landlord Beat the Hospitality Crisis
A struggling pub landlord reveals the simple yet brilliant strategy that rescued his business from the brink of closure, offering hope to the UK's embattled hospitality sector amidst soaring costs.
Wells Fargo shares plunge 9% after regulatory rejection
Exclusive: Wells Fargo faces major setback as US regulators reject its resolution plan, triggering a 9% stock plunge and raising concerns over the bank's crisis management capabilities.
ConocoPhillips Axes 25% of UK Oil Workforce
US oil giant ConocoPhillips has announced deep cuts to its British operations, slashing a quarter of its UK workforce. The move signals a major shift in the North Sea energy landscape and raises concerns about the future of the region's oil industry.
Alligator Alcatraz: London's Quirky Cocktail Bar Closes
London's iconic reptile-themed cocktail bar, Alligator Alcatraz, has served its last drink. Discover the reasons behind the sudden closure of this beloved Soho nightlife spot.
Lloyds warns 3000 staff: Improve performance or face sack
Exclusive: Lloyds Banking Group has issued formal warnings to 3000 employees, stating they face dismissal unless performance improves significantly, in one of the UK's largest workforce restructuring moves.
Hilton Plans New Cambridgeshire Hotel & Spa with 70 Jobs
Global hospitality giant Hilton announces plans for a new 150-room hotel and luxury spa in Cambridgeshire, creating 70 new jobs and boosting the local economy.
Wes Streeting: 'The NHS is broken' and needs major surgery
In a bombshell interview, Labour's Wes Streeting declares the NHS 'broken' and vows to confront tough truths, including the need for private sector help and a crackdown on 'sick note culture', to save the cherished institution.
Target warehouse staff demand pay rise in walk-out protest
Exclusive: Warehouse operatives at a major Target distribution hub are demanding higher pay, staging a unique 'walk to the entrance' protest. The action highlights the growing tension between big-box retailers and their logistics workforce amidst the cost
Energy tycoon flees mansion as oil firm collapses in debt
Exclusive investigation reveals how oil magnate Andrew Perchard abandoned his multi-million-pound Surrey estate, leaving creditors owed millions as his firm, APEC Energy, entered administration.
SNP's £150k 'Work From Home' Fat-Cat Sparks Fury
Exclusive: A senior Scottish Government official is under fire for a £150,000 salary and a generous hybrid working arrangement, sparking accusations of hypocrisy and 'fat-cat' culture within the SNP administration.
UK Business Confidence Hits 18-Month High Amid Economic Recovery
New CBI survey reveals strongest UK business optimism since early 2024, with manufacturing and services sectors leading growth. Inflation expectations ease as Bank of England faces policy dilemma.
UK Gov Mandates Immediate Data Breach Reporting for Ministers
Exclusive: The UK government unveils stringent new data breach protocols for ministers and officials, mandating immediate reporting and transparency in a major cybersecurity overhaul.
Border Patrol Arrests Elite Washington Firefighters
Exclusive: US Border Patrol agents have detained multiple firefighters from an elite Washington State crew, throwing critical wildfire operations into chaos and sparking a major political row over immigration enforcement priorities.
Van Gogh Museum Closes Amid Amsterdam Staffing Crisis
Amsterdam's world-renowned Van Gogh Museum is closing its doors temporarily due to a critical shortage of security personnel, highlighting a growing crisis in the Dutch tourism and cultural sector.
ANZ Bank sacks CEO Nuno Matos in governance scandal
ANZ Bank has abruptly terminated CEO Nuno Matos following an internal investigation into cultural and governance concerns, sending shockwaves through the banking sector.
UK Services Confidence Slumps on Costs and Weak Demand
New data reveals a sharp decline in optimism across Britain's vital services sector, driven by mounting cost pressures and subdued consumer demand, raising concerns for the economic outlook.
Government raids NHS budget to cover strike costs
Exclusive: Ministers face backlash after diverting £1.1 billion from NHS England's capital budget to cover public sector pay deals, risking long-term health service modernisation.
Farage Vows to 'Lock Up Bankers' in Explosive Election Pledge
Reform UK leader Nigel Farage declares war on the financial establishment, pledging to jail bankers and overhaul the City of London in a radical election manifesto shake-up.
HMRC Tax Raids Surge 21%, Crushing UK Hospitality Sector
Britain's beleaguered hospitality sector faces a fresh crisis as aggressive HMRC tax investigations surge by 21%, with businesses already battered by lockdowns now hit with hefty bills and closure threats.
Reeves's Budget Tax Raid to Decimate Hospitality Jobs
Exclusive analysis reveals Labour's planned VAT overhaul for private schools could trigger a devastating chain reaction, costing the hospitality sector more than 50% of its job losses and hitting family budgets hard.
Australia's Emissions Divide: Clean Power, Dirty Transport
Australia's latest emissions data reveals a stark contrast: the electricity sector is rapidly decarbonising while transport emissions continue to rise, threatening national climate targets.
NHS Staff Exodus: Medical Workers Fleeing to Private Sector
Exclusive research reveals a growing crisis as doctors, nurses, and healthcare professionals leave the NHS for private health insurance roles, lured by higher salaries and improved work-life balance.
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