Category : Search result: employment downturn


New Zealand Enters Recession as GDP Contracts Again

New Zealand's economy has officially entered a recession, with GDP contracting 0.1% in the last quarter of 2023. High interest rates and inflation are blamed for the downturn, marking a challenging start for the new coalition government.

London House Prices Plummet in First Annual Drop Since 2012

Exclusive analysis of the latest ONS figures reveals a significant shift in the UK property market, with London leading a national downturn. Discover which regions are hardest hit and what it means for homeowners and buyers.

Wetherspoons manager unfairly sacked over staff discount

A former Wetherspoons manager was dismissed for 'gross misconduct' after purchasing a discounted meal for a colleague. An employment tribunal has now ruled her sacking was unfair, exposing a severe disciplinary overreach by the pub chain.

KPMG cuts over 100 jobs in Scotland

Big Four accounting firm KPMG announces significant job cuts in Scotland, citing economic pressures and reduced demand for consulting services.

FTSE 100 Falls as Tesla Shares Crash

The FTSE 100 faced a downturn amid Tesla's stock crash and global market volatility. Discover the key factors driving the sell-off and what it means for investors.

Banker sacked after affair with junior colleague

A married city banker was dismissed after a brief affair with a junior colleague, with the tribunal hearing shocking claims about his reaction upon learning his wife was pregnant.

UK unemployment rises as job market cools

Recent data shows a rise in UK unemployment, signalling a cooling job market. Experts weigh in on whether this is a temporary slowdown or a sign of deeper economic shifts.

WFH or Office? The Great Workplace Debate

As companies push for a return to office-based work, employees are resisting, citing improved productivity and work-life balance from remote setups. What does the future hold for hybrid work?

Albanese in China as Cochlear faces scrutiny

Australian PM Anthony Albanese's visit to China sparks debate as Cochlear faces scrutiny over its operations. Meanwhile, new ABS employment data reveals shifts in Victoria's childcare sector and NSW's political landscape heats up.

Trans woman wins NHS tribunal over 'invasive' questions

A transgender woman has triumphed in a legal battle against the NHS after a tribunal ruled she was subjected to 'unnecessary and invasive' questioning about her gender identity during a job application process.

UK workers suspended over Gaza conflict posts

Several employees in South Gloucestershire have been suspended for allegedly sharing inflammatory content online related to the Israel-Gaza war, sparking workplace tensions.

New law targets toxic UK workplaces

A proposed legal change aims to tackle toxic workplace cultures by holding employers accountable for employee wellbeing. Experts weigh in on its potential impact.

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