Unemployment is spiralling out of control in Britain as the figures climb a little closer to the 2 million mark through the economic downturn.  However, the government is maintaining the message that the drought will be over soon and that things would ease up on those that are currently unemployed.
Between September and November of last [...]

A new study has suggested that employers should allow its employees to use social networking websites.

Mervyn Kind has finally admitted the UK is most likely heading toward a recession in 2009.

Top forecasters say that UK economy has “deteriorated dramatically” in the past three months, and feel the country is already in a recession.

According to a gloomy report from the Scottish Chambers of Commerce (SCC), a recession is “looming” in Scotland, with business confidence hitting rock bottom.

UK inflation rose to 5.2 percent in September, with energy bills taking the blame, official figures have shown. The Consumer Prices Index (CPI) measure was up from 4.7 percent in August.

During the second quarter of 2009, company liquidations have increased across England and Wales, according to statistics from the governments Insolvency Service.

Over 3,500 companies took compulsory and Creditor’s Voluntary Liquidations (CVLs) during the quarter, which is an increase of 11.6 percent on the previous quarter and an increase of 15 percent year on year.

Malcolm [...]

The manufacturing Institute believes that financial problems caused by the credit crunch will benefit employers, as they will push to improve profit margins and become more efficient.

Peter Rogers, the practitioner team manager at the Manufacturing Institute, explained that companies are being forced to squeeze their profits because they can pass increased costs onto their [...]