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Unemployment rate falls to 4.3% as wages stagnate

  UK unemployment fell by 75,000 in the three months to July, bringing the jobless rate down to 4.3% from 4.4% in the previous quarter. The rate remains at its lowest since 1975, but a squeeze on real incomes continues, according to the Office for National Statistics...

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Lower annual welfare cap affects 68,000 families.

The first six months of the new lower benefit cap has seen 68,000 families having their welfare cut for the first time, losing each around £50 a week. The current cap applies to working-age adults and is £20,000 a year outside London and £23,000 in the capital, having...

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Service sector surveys indicate sluggish growth.

The UK economy looks to be on course for "steady but sluggish" growth in the third quarter, surveys indicate. But service sector firms' prospects indicate a stalling or contracting economy in the longer term, research firm IHS Markit said. This could be due to...

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Kids Company ex-directors facing bans

Business Secretary Greg Clark is to bring proceedings against former directors of the collapsed charity Keeping Kids Company to have them banned from company directorships. The Insolvency Service names former chief executive Camila Batmanghelidjh, Alan Yentob and...

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Employment tribunal fees unlawful, Supreme Court rules

Fees for those bringing employment tribunal claims have been ruled unlawful, and the government will now have to repay up to £32m to claimants. The government introduced fees of up to £1,200 in 2013 to reduce the number of malicious and weak cases, but that led to a...

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