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Transcripts For BBCNEWS World Business Report 20240707

we start in the uk where already this week deals have been done to increase pay for workers at british airways, aldi and uber. aldi is raising the pay of thousands of distribution centre staff by 9% as competition for workers climbs post pandemic with more and more of us ordering our groceries online. british airways check in staff have agreed to a pay settlement that their union says amounts to a 13% pay rise, and uber agreed to raise fares in the uk to boost earnings for its drivers. the rising cost of living and forecasts for soaring winter energy bills, along with a severe labour shortage in some industries is a recipe for higher pay, something the bank of england warned against as it could hamper its fight against inflation. the latest unemployment figures for the uk are out in a few hours time. kate shoesmith is deputy chief executive of the recruitment and employment confederation. good morning. the employment numbers coming out forward june, what will they tell us? w

Business headlinesBbc newsBritish airwaysManufacturing powerhouseAround the worldLabour marketPay increasesSpecial reportDistribution centre staffCheck inCost of livingLabour shortageWinter energyBank of englandUnemployment figuresEmployment numbers

Transcripts For BBCNEWS BBC 20240703

director of policy at the institute of directors. what changes will come into force tomorrow? national insurance, it is only and employers and the self employed will showcase a cut tomorrow. they will get a second tax cut tomorrow after one injanuary. this has taken the ratchet national insurance pay my employees down from 12% last year to 8% effective tomorrow. how much you save in terms of your tax bill will depend on your income, but for the average employee earns about 35,000 average employee earns about 35,000 a year in the uk, taking the chewed macro tax cuts together, you are going to be about £900 a year better off, so it is a meaningful tax cuts, but it is occurring in the context of a big tax increase that has occurred over the last few years. we talked about what the balance of benefits is for employees. what is the impression the position for employers? the the impression the position for employers? employers? the situation there is unchanged- employers?

30 millionState benefitsRoger barkerTax levelsTax cutNational insuranceSelf employedInstitute of directorsTax billTax cutsTax increaseHasn tGovernment employersLabour shortagesJob vacanciesThank ou

Employers urge more financial support for new recruits

A future workforce strategy should address gaps in the financial support offered by Jobcentres to job candidates.

United kingdomKate shoesmithTony wilsonInstitute for employment studiesInstitute for employmentDepartment for workEmployment confederationFlexible support fundEmployment studies

Skills bootcamps for the unemployed announced

Unemployed people in the UK will be sent to skills 'bootcamps' that will train them to fill roles where there is a shortage of workers.

United kingdomKate shoesmithAlison mcgovernMel strideEmployment confederation

Stride s speech to Put Brit s First just one initiative to solve worker shortages

Stride s speech to Put Brit s First just one initiative to solve worker shortages
recruiter.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from recruiter.co.uk Daily Mail and Mail on Sunday newspapers.

City ofUnited kingdomWendy chamberlainAlison mcgovernKate shoesmithHome officeDepartment of workPut brits firstOvercoming shortageElizabeth linesPrime ministerWork plan

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