News
Half of businesses report rising staffing costs in August – ONS
Around 17% of businesses said hourly wages increased in July compared to June, which was a sharp drop from April but in line with July 2024.
UK economy
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UK GDP growth slows to 0.3% in second quarter of 2025
The UK economy grew by 0.3% in Q2 2025, down from 0.7% in Q1, as growth in services and construction was partly offset by a fall in production.
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UK employment rate edges up but jobless rate climbs to highest since 2021
The UK employment rate rose slightly to 75.1% in the three months to April, but the unemployment rate climbed to 4.6% - its highest level since July 2021.