Labour Market

Tesco commits to 1,500 apprenticeships by 2027

Tesco has pledged to expand its Stronger Starts Apprenticeship programme, providing 1,500 apprenticeship opportunities for young people by 2027, following…

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Bank of England cuts interest rates to 4.75%

The Bank of England has cut interest rates for the second time this year, with rates now cut to 4.75%. The…

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BoE cuts interest rates for first time in 4 years

The Bank of England (BoE) has cut interest rates for the first time in four years, with the rate falling…

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Retail sales recover as inflation slows, CBI finds

Retail sales grew at their fastest pace since December 2022 in the year to May, as sales volumes jumped 8%…

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Retailers urge government to reform Apprenticeship Levy

Three leading trade bodies and seven food retailers are calling for urgent action to reform the broken Apprenticeship Levy system…

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Today’s news in brief-13/11/23

Retail theft is projected to cost UK retailers £7.9bn in 2023, with a notable increase in employee theft. Thruvision Group…

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Theft to cost retailers £7.9bn in 2023, study finds

It has been forecast that retail theft will cost UK retailers £7.9bn this year, according to new research by Thruvision…

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Failure to reform Apprenticeship Levy cost retailers 12,000 lost apprenticeships, BRC says

Retailers could have offered 12,000 more apprenticeships over the past year if it was not for the Government’s failure to…

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Bank of England keeps interest rates unchanged at 5.25%

Following 14 straight rate rises, the Bank of England (BoE) has kept interest rates unchanged at 5.25%. At its latest…

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Next raises full-year guidance amid improved trading conditions

Next has updated its full-year guidance following an increase in total sales and profit before tax during the first six…

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