Economy

Key TakeawaysAlmost one million 16 to 24-year-olds in the UK were classed as NEET in the most recent ONS release, edging close to a 14-year high.Employer surveys point to a sharp slowdown in graduate and entry-level hiring across the UK labour market.Economists warn that …

Key TakeawaysThe UK labour market is showing renewed weakness, particularly for young workers.The number of 16 to 24-year-olds NEET in the UK is around 957,000.Cost pressures, AI adoption and weak UK economic growth are all relevant factors.The trend has implications for UK households, UK …

Key TakeawaysSomeBusinesssurveys point to UKInflationexpectations rising toward 3.6% in the year ahead.Headline UK CPI was 2.8% in April 2026, down from 3.3% in March.The Bank of England has projected CPI of 3.1% in Q2, 3.3% in Q3 and rising further in Q4 of 2026.Rising …

Ofgem confirmed that the energy price cap will rise by 13% from 1 July to 30 September, taking typical annual dual-fuel bills from £1,641 to £1,862. Gas bills are expected to rise around 24%, while electricity bills rise around 5%. The increase reflects a …

Key TakeawaysReform UK proposes major tax cuts, including raising the personal allowance to £20,000.Immigration is the party's stated top priority, with proposals for tighter rules and stronger enforcement.Reform would scrap net zero targets, arguing this would free up tens of billions per year.The party …

Why Is the UK Economy and Sector Rotation Trending on Google News Today?

Why Is the UK Economy Trending on Google News Today?