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Reading Time | < 1 min 12 May 2014

Growth and interest rate rises forecast for 2015

Reading Time • < 1 minThe economy will grow 3% in 2014, up from a previous forecast of 2.6%, according to the Confederation of British Industry (CBI). This higher growth means that the business group has brought forward its estimate of an interest rate rise. It ...
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Reading Time | 2 mins 09 May 2014

Quarter of employees unaware of pension savings

Reading Time • 2 minsOver a quarter (28%) of employees in a defined contribution workplace pension scheme say they have "no idea" how much their pension is worth, according to research by Capita Employee Benefits. A quarter could only make a rough guess as to h...
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Reading Time | < 1 min 08 May 2014

Half a million jobs predicted over next year

Reading Time • < 1 minNearly half a million jobs could be created over the next year, according to research from the Institute of Chartered Accountants in England and Wales (ICAEW). The latest Business Confidence Monitor predicts employment growth to rise 2.2% o...
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Reading Time | < 1 min 07 May 2014

First-time buyers rely on parents

Reading Time • < 1 minTwo thirds of people aged between 20 and 45 who have got a mortgage since 2012 had financial help from their parents, research by Halifax has shown. The survey of over 9,000 people revealed that 60% of people in the same age group who curre...
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Reading Time | 2 mins 06 May 2014

Self-employment up despite lower earnings

Reading Time • 2 minsThe average self-employed worker earns 40% less than the average employee, according to a study by independent think tank Resolution Foundation. The research reveals that the average weekly wage for self-employed people has fallen 20% since...
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Reading Time | < 1 min 06 May 2014

Record optimism among small manufacturers

Reading Time • < 1 minConfidence among small manufacturers has reached its highest level since records began in 1988, according to the Confederation of British Industry's (CBI) latest SME Trends Survey. The survey of 366 small and medium-sized manufacturers foun...
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Reading Time | < 1 min 02 May 2014

Northern Ireland apprenticeship scheme launches

Reading Time • < 1 minA new apprenticeship scheme has been launched in Northern Ireland for the information, communications and technology (ICT) sector. The North West ICT Apprenticeship scheme will see local businesses in the north west recruit talented individ...
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Reading Time | < 1 min 01 May 2014

1.4 million on zero-hours contracts

Reading Time • < 1 minAround 1.4 million people are employed on zero-hours contracts, an Office for National Statistics (ONS) study has suggested. This is a steep increase from recent ONS research which estimated that 583,000 people were employed on zero-hours c...
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Reading Time | < 1 min 30 Apr 2014

Retail jobs growth in Q1

Reading Time • < 1 minThe number of full-time jobs in the retail sector increased 1.8% in the first quarter of 2014, according to the British Retail Consortium (BRC). The growth was driven by a 1.3% increase in the number of food retail stores over the period. G...
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