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04 Apr, 2022

Chip shortage

04 Apr, 2022

The EC will plough 43bn euros (£36bn) of public and private investment into Europe’s semiconductor industry. The Commission hopes to, among other things, increase the region’s share of global chip manufacturing – from less than 10% to 20%. China poured $33bn (£25bn), purely in subsidies, into its own chip...

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04 Apr, 2022

Cost of employment increasing

04 Apr, 2022

In September 2021, the government announced tax changes to raise additional funding for the NHS to cover Health & Social Care, which will take effect from April 2022. This change introduces a brand new UK-wide tax modelled on the existing National Insurance Contributions (NICs) known as the Health &...

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04 Apr, 2022

Cost of living increase

04 Apr, 2022

From 1 April, fuel bills for about 18 million households on standard tariffs will go up by an average of £693 when the energy cap goes up. Some 4.5 million prepayment customers will see an average increase of £708. Fuel prices may go up again in October when the...

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31 Mar, 2022

Labour market stabilises

31 Mar, 2022

There were around 172,000 new job postings in the last week of March – 25% lower than the previous week and the lowest since mid-January But there were still 1.83 million active job adverts in the UK last week High demand for hairdressers and barbers, security occupations, bar staff...

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28 Mar, 2022

NHS agency workers

28 Mar, 2022

Staffing agencies in the healthcare sector are concerned that NHS agency workers are not getting the pay increase awarded to substantive staff last year, and that agencies are unfairly being left responsible for covering the increased National Insurance contributions announced by the Chancellor. This could represent a serious threat...

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