Getty Images Tata has said the blast furnace operation was incurring losses of £1m a day The first money from a £100m fund to help workers and firms affected by restructuring plans at Tata’s Port Talbot steel plant is being released, UK ministers have announced. Tata closed one of its two blast furnaces on the...
Category: Jobs
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Uncertainty over Port Talbot’s future ‘causing supply chain job losses’
Uncertainty over the future of Tata Steel in south Wales is already causing job losses in the broader industry, the Welsh secretary has warned, as the government scrambles to reduce the toll of redundancies in Port Talbot. Speaking on Wednesday ahead of announcing the first £13.5m tranche of funding to support laid-off workers, the secretary...
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Indians outpace Britons in filling new UK jobs, data reveals – EasternEye
Since 2019, 488,000 positions have been filled by Indian nationals, while Nigerians have taken up 279,000 roles. Experts suggest that non-EU migrants have increasingly replaced European workers. (Photo for representation: iStock)By: Pramod Thomas THE country has seen nearly 1.5 million new jobs created since the Covid-19 pandemic, with the majority being filled by non-EU workers,...
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In five years more Indians and Nigerians have filled new jobs than British nationals – Brexit has INCREASED immigration – Kelvin MacKenzie
I voted Brexit to control immigration. I have just seen HMRC numbers that show not only is it not being curtailed, but it is actually exploding to the point where over the last five years more Indians and Nigerians have filled new jobs than British nationals. Sit down with a coffee and a double helping...
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Forexlive European FX news wrap 13 Aug – UK jobs data beats estimates | Forexlive
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not...
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How spiralling worklessness among British-born adults is fuelling a migration crisis
This is a big enough issue to affect the whole economy. “Without effective action to bring more people back into the workforce, sustained economic growth will be all but impossible,” she says. Rachel Reeves, the Chancellor, has promised action, sounding tough on benefits claimants. “Today’s figures show there is more to do in supporting people...
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UK unemployment falls slightly as pay growth slows
Getty Images The UK’s unemployment rate has fallen slightly, official figures suggest. Unemployment was 4.2% in the three months to the end of June, down from 4.4% over the previous quarter. Meanwhile, wage growth continued to slow, rising at an annual rate of 5.4% – the weakest for around two years, figures from the Office...
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Indian and Nigerian nationals filled more jobs in Britain between 2019 and 2023 than UK nationals, official figures show
By Greg Heffer, Political Correspondent For Mailonline Published: 14:38 BST, 12 August 2024 | Updated: 14:38 BST, 12 August 2024 Indian and Nigerian nationals filled more jobs in Britain between 2019 and 2023 than UK nationals, official figures have revealed. Data from HMRC, released through a Freedom of Information request, showed the biggest growth in...
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‘I was one of Britain’s top lawyers – but I was terrified my husband would kill me’
He would drink a lot, but in her industry this was part and parcel of a successful career and didn’t raise any alarm bells. However, after he stopped working in the early years of their marriage, he became increasingly resentful of her success and became more and more controlling. “I couldn’t dance in the kitchen...
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What is the minimum visa salary? Visas to fill certain jobs in UK may be curbed
Overseas workers could see a raise in the minimum salary threshold in certain sectors to obtain a visa to work in the UK. Moreover, restrictions could be seen based on regions of Britain where salary levels and labour force shortages vary. “Seeking to further understand the reliance on international workers in key sectors,” it has...
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UK and Poland target green exports with €249 million financing for solar project
Export credit support enables the construction of Turkey’s second-largest solar project to date. Deal supports UK jobs in renewable-energy sector supply chain, particularly in the Midlands, and creates new business opportunities for Polish companies in Turkey. Upon completion, the solar project has the potential to power over 65,000 households per year in Turkey with renewable...
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Further interest rate cut could be on the cards after report suggests jobs market cooling
The prospect of the Bank of England cutting interest rates further in the near future has been raised after a closely watched report suggested the UK jobs market is showing signs of cooling. Researchers found the pace of pay rises slowed last month, while the hiring of temporary and permanent staff continued to decline. The...