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Economic update: UK stalls but avoids recession

Economic conditions remain challenging despite a dramatic drop in inflation and a positive Autumn Statement. ICAEW’s Economies Director Suren Thiru discusses the implications.
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United Kingdom , Office For Budget Responsibility , Office For National Statistics , Director Suren Thiru , National Statistics , Prime Minister , Autumn Statement , Budget Responsibility ,

Small drop in UK insolvencies may mask underlying issues

Insolvency rates in Q3 2023 fell by 2%, according to the Insolvency Service, but it may be a fragile decline as experts warn of an uncertain future. ....

United Kingdom , Gareth Harris , Insolvency Service , Director Suren Thiru , Business Confidence Monitor , Kingdom Restructuring Advisory ,

Pay confidence fuels worker optimism amid skills crisis

Surge in UK worker confidence poses inflation challenge during skills shortage, suggesting that the post-pandemic war for talent is far from over yet.
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United Kingdom , Matt Weston , Business Research Cebr , Centre For Economics , Robert Half Jobs Confidence Index , Business Research , Senior Managing Director United Kingdom , Robert Half , Director Suren Thiru ,

Is record pay growth a good sign for businesses?

As the latest Office for National Statistics figures reveal a climb in wage growth, especially in the finance and business services sector, ICAEW experts explain what this means for business. ....

United Kingdom , Simon Gray , National Living Wage , Office For National Statistics , National Statistics , Director Suren Thiru , Consumer Prices Index ,