UK Unemployment Hits Five-Year High, Wage Growth Slows
Official figures reveal UK unemployment unexpectedly rose to 5.2%, its highest level in five years, while wage growth slowed to 4.2%, putting pressure on the jobs market.
Category : Business
Debenhams Plans £35m Fundraise to Drive Turnaround and Cut Debt
Debenhams Group, formerly Boohoo, is preparing a £35 million equity fundraiser to boost liquidity and reduce debt as part of its ongoing turnaround efforts. The company remains confident in its financial targets for 2026 and 2027.
Black Sheep Coffee's Exclusive Pancake Syrup Latte Launches
Black Sheep Coffee unveils a limited-edition Pancake Syrup Latte for Pancake Day, blending Robusta coffee with Lyle's Golden Syrup, available nationwide until March 4.
Jobcentre on Wheels Expands Across UK to Combat Joblessness
Mobile Jobcentre vans are being launched nationwide to help jobseekers by providing support directly in communities, following successful trials in regions like the Scottish Highlands.
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Unemployment Hits Five-Year High, Wage Growth Slows in UK
Official figures reveal UK unemployment unexpectedly rose to 5.2%, the highest in five years, while wage growth slowed to 4.2%, indicating ongoing pressure in the jobs market.
UK Unemployment Hits 5.2%, Highest Since 2021 Lockdown
Official figures show UK unemployment rose to 5.2% in late 2025, the highest rate since January 2021, with retail and hospitality sectors hit hardest.
Ramadan's Late-Night Chai Culture Could Save London's Nightlife
As London's bars and clubs close rapidly, Ramadan offers a model for alcohol-free late-night socialising, with halal cafes and chai culture boosting the economy and community spirit.
UK Unemployment Hits 5.2%, Highest in Nearly Five Years
Official ONS data shows UK unemployment rose to 5.2% in Q4 2023, the highest since early 2021, with wage growth slowing. The Bank of England monitors this closely for interest rate decisions.
UK Unemployment Hits 5.2%, Highest Since Early 2021
The UK's unemployment rate has risen to 5.2% in the October-December quarter, marking the highest level since early 2021. Wage growth has also slowed, with private sector pay increases at a five-year low.
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UK Unemployment Rises in December as Economy Struggles
The UK unemployment rate increased to 4.2% in December, up from 3.9%, with 138,000 more people out of work. Labour's Rachel Reeves criticises government handling.
Cuban Drivers Face Months-Long Waits for Gasoline via App
Cuban drivers are experiencing waits of several months to refuel vehicles through the government's 'Ticket' app, as fuel shortages intensify due to US embargo pressures and supply cuts.
Unemployment Rises to 4.4%, Fresh Blow for Labour
Official figures show UK unemployment increased to 4.4% in the latest quarter, marking a significant economic challenge for the Labour government amid rising joblessness and economic uncertainty.
Tiny Home Borders: A Scandinavian Escape in Scotland
Discover Tiny Home Borders near Hawick, an off-grid cabin offering wild seclusion, sauna, and hot tubs in the Scottish Borders. Explore agritourism growth and local knitwear heritage.
Expedia 2026 Report: Cheapest Months to Book and Fly
Expedia's 2026 Air Hacks Report identifies May as the cheapest month to book flights, saving 21% versus December, with June being the most affordable time to travel.
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India Eyes $200B Data Centre Investment for AI Hub Drive
India aims to attract up to $200 billion in data centre investments to accelerate its push to become a global artificial intelligence hub, leveraging major tech commitments and policy incentives.
Tesco Recalls Fruit Over Salmonella Contamination
Tesco has issued a recall for its Grape & Berry Medley due to salmonella contamination, with symptoms lasting up to a week. Customers are urged to return the product for a full refund.
Mum Finds £11 KitchenAid Worth Over £350 in Charity Shop
A mother was left 'shaking' after buying a KitchenAid mixer for just £11 at a charity shop, discovering it was worth over £350. The bargain sparked envy and congratulations online.
BrewDog Takeover Bid Exposes UK Hospitality Crisis
As BrewDog faces mounting losses and a potential sale, former CEO James Watt's rumored takeover bid highlights deeper failures in Britain's struggling hospitality sector and political neglect.
Royal Mail Fined £21m as Storms and Sickness Cause Delivery Delays
Royal Mail warns of service delays across 100+ UK postcodes due to recent storms and high staff sickness, while facing a £21m fine for missing delivery targets for the third consecutive year.
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Tenerife: £40 Flights, £1.30 Pints, 21C Winter Sun
Escape the UK winter with budget-friendly direct flights to Tenerife from £40, where pints average £1.30 and temperatures reach 21C with over 300 sunny days annually.
Birr Castle: Historic Telescope and Gardens in Ireland
Birr Castle Demesne in County Offaly is an overlooked Irish treasure featuring a 120-acre estate with stunning gardens, a Historic Science Centre, and the world's largest 19th-century telescope built by the Third Earl of Rosse.
Halifax's Georgian Masterpiece: World's Only 18th-Century Cloth Hall
The Piece Hall in Halifax, West Yorkshire, has been a stunning events venue since 1779 and remains the only 18th-century northern cloth hall of its kind globally, now hosting music concerts, independent shops and restaurants.
Chinese Tourists Shun Japan Over Lunar New Year Amid Taiwan Row
Chinese tourism to Japan is set to plummet by up to 60% during the lunar new year holidays, as diplomatic tensions over Taiwan continue to escalate.
RBA: Inflation May Not Hit Target Until 2028, Rate Rises Possible
The Reserve Bank of Australia warns inflation may not return to its 2-3% target until late 2028, with minutes hinting at further interest rate increases, adding pressure to mortgage holders.
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M4 Westbound Closed Near Reading After Serious Crash
A serious crash has forced the closure of the M4 westbound in Berkshire between junctions 10 and 11, causing major rush-hour delays and diversions through Reading.
Baltimore Property Tax Relief Plan Aims to Help Resident Homeowners
Baltimore Mayor Brandon Scott announces initiatives to lower property tax burden through expanded credits, assessment caps, and reformed tax sales to support residents over outside investors.
Social Security Faces 2032 Funding Crisis, Benefits at Risk
A new report warns Social Security's retirement fund could run dry by 2032, forcing benefit cuts of hundreds of dollars monthly for millions of Americans unless Congress intervenes.
Albanese Signals Labor May Cut Capital Gains Tax Break
Prime Minister Anthony Albanese has indicated Labor could scale back capital gains tax concessions for property investors in the upcoming Budget, aiming to address housing affordability without affecting owner-occupiers.
Chinese New Year Travel Boom: Record Trips, Japan Decline
Chinese tourists are set for record overseas travel during the extended Lunar New Year holiday, with Russia, Australia, and Thailand leading destinations, while Japan faces a sharp drop due to political tensions.
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Nikkei 225 Falls 1% as Asia Markets Shut for Lunar New Year
Japan's Nikkei 225 index dropped 1% as most Asian markets closed for Lunar New Year holidays, with U.S. futures declining and mixed oil prices amid weak economic data.
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