High street retailers facing critical financial issues

Nearly high street 140 retailers are in a “critical condition” despite Christmas being their peak trading time, business recovery firm Begbies Traynor has said.Its UK business solvency survey found 13,700 more firms were in distress, a 35% rise in the quarter to December. Begbies Traynor has predicted a rise in the number of both national […]

January 15, 2013 · Home Based Jobs · Comments Closed
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UK unemployment falls by 82,000- official figures show

The number of people out of work fell by 82,000 between August and October, to 2.51 million, official figures have shown.It was the biggest quarterly fall in unemployment since 2001. The unemployment rate was 7.8%, down 0.2 percentage points from the previous three months. The Office for National Statistics also said that the number of […]

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Empty shop rate highest in 15 months says BRC

More than one in 10 shops is empty according to the British Retail Consortium (BRC)- the highest since it began collecting data on occupancy levels of High Street premises.The BRC said the town centre vacancy rate of 11.3% was the worst figure since its nationwide survey began in July 2011. The figures come as the […]

December 13, 2012 · Home Based Jobs · Comments Closed
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UK unemployment figures published

UK unemployment fell by 50,000 to 2.53m in the three months to August- taking the jobless rate down to 7.9% from 8.1%.The number of people in employment rose to a record of almost 30 million, the Office for National Statistics said. The government said it was positive news, but Labour highlighted the growing numbers of […]

November 26, 2012 · Home Based Jobs · Comments Closed
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Jobs without pay help unemployed back into work

Although US unemployment has crept downwards in recent months, some analysts have suggested the fall is not as a result of new jobs being created, but rather people giving up their search.So in an attempt to get the long term unemployed back to work, New Hampshire created a programme to match workers with businesses. Ray […]

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French unemployment tops 3 million as european economy struggles

The number of unemployed people in France has topped 3 million for the first time since 1999- according to official figures.August’s jobless total rose by 23,900 to 3.011 million, a 9% increase on a year earlier, marking the 16th consecutive monthly rise. Speaking before the data was officially announced, Labour Minister Michel Sapin said: “It’s […]

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Employers face make or break time warns CIPD

Employers are facing a  make or break moment as many will have to make job cuts if the economy does not pick up soon.The survey by the Chartered Institute of Personnel and Development (CIPD) showed that a third of private sector employers had kept on more staff than they needed to avoid losing skills. But […]

September 28, 2012 · Home Based Jobs · Comments Closed
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UK retail insolvencies jump on wet weather

The number of retailers going out of business between April to June jumped sharply due in part to the wet weather. The research was carried out by the accountants PricewaterhouseCoopers (PwC). Clinton Cards was among 426 retailers that fell into insolvency in the period, compared with 386 a year ago. PwC said there had a […]

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UK manufacturing slump continues as export orders drop

UK manufacturing sector slumped in June but the sector remained in recession as export orders continued to fall.The closely watched Purchasing Managers’ Index (PMI), compiled by Markit, rose to 48.6 last month from May’s three-year low of 45.9. Despite the improvement, the sector remains below the 50 mark that indicates contraction. The data showed overseas […]

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Eurozone unemployment rises to new record high

Unemployment in the eurozone hit 11.1% in May while the downturn in its manufacturing sector continued according to official statistics.A total of 17.56 million people are now out of work marking the highest level since records began in 1995 according to EU statistics body Eurostat. The data compounds the gloomy outlook for the eurozone where […]

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