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BBCNEWS BBC News at One June 4, 2024 12:23:00

Of the past 15 years, customers are being put off borrowing more for home improvements. so, in the past, people may take a remortgage, and when they take a remortgage they will take money out of the property and they will do an extension, they will do a basement, they will do a loft. but at the moment, people are looking at the rates and thinking, lending is going to cost me so much more money, i am going to put the project on hold. with more people now seeking work, unemployment has ticked up from 3.7 to 3.8% of the workforce. vacancies dropped by 10,000 but remain high at 1.1 million. and across the economy, employers are paying more to attract and keep staff, with average earnings up 6.6%. certainly permanentjobs demand has dropped off a little bit over the last six months, but it is still well in advance of where it was pre pandemic, and temporary labour has been rising month on month. because of the uncertainty that is out there economically, companies want to bring people in bu ....

Home Improvements , 3 8 , 3 7 , 1 Million , Pre Pandemic , Temporary Labour ,

BBCNEWS BBC News June 4, 2024 16:33:00

The last six months, but it is still well in advance of where it was pre pandemic, and temporary labour has been rising month on month. because of the uncertainty that is out there economically, companies want to bring people in but maybe don t want to commit to a permanentjob. broadly, it is still a great time to be looking for a job. the higher than expected pay rises will embolden those on the bank of england s monetary policy committee who want to raise interest rates for the 12th time in a row next month to head off inflation and undermine those who argue that rate rises have already gone too far. andy verity, bbc news. let me bring you the latest from sedan because as we were reporting that cease fire, the 2a hour pause was to kick in and the latest we are hearing from reuters, the news agency, including witnesses saying gunfire is being heard in the ....

Pre Pandemic , Temporary Labour , Interest Rates , Pay Rises , Bank Of England , Monetary Policy Committee , Andy Verity , Bbc News , Rate Rises , Cease Fire , The News Agency ,

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