UK inflation remained unchanged at 2.8% in May, with rising transport costs offset by lower food inflation, reinforcing expectations that the Bank of England will leave interest rates unchanged this week.
Helen Dickinson, CEO of the BRC, said retailers are being priced out of hiring young people as taxes and red tape push up the cost of entry-level jobs.
Rising rents are limiting graduate mobility, with new research showing young workers need salaries well above the national average to afford housing in some of the UK's fastest-growing job markets.
More than half of people aged 25 to 40 support a proposal allowing them to access a year's worth of state pension early in exchange for delaying retirement benefits by a year, according to new research from the Social Market Foundation.
The Offshore Wind Fair Work Charter, launched by the Department for Energy Security and Net Zero, has been backed by 37 companies and six trade unions.
The Government is currently seeking views on the maximum number of hours a worker can have before losing entitlement to guaranteed hours.
Under proposals for the seventh Carbon Budget, the Government has committed to an emissions reduction target of around 87% between 2038 and 2042.
Responding to the Government’s consultation on zero-hours contract reforms, the CIPD said the planned measures could create significant administrative challenges for employers.
The deal, brokered by Sweden, will see 16 Gripen fighter jets gifted to Ukraine, while a further 20 aircraft will be purchased through an EU-backed support loan.
A coalition including the TUC, Child Poverty Action Group, Fawcett Society, Timewise and Young Women’s Trust said ministers should resist calls to weaken proposals.
The Institute of Directors found that 63% of business leaders said they are now less likely to hire new staff, while 57% said they are more likely to invest in automation.
The updated draft Code of Practice for Services, Public Functions and Associations was laid in Parliament on 21st May by the Office for Equality and Opportunity.