The Sterling has resumed its broader bearish trend during Tuesday’s London trading session. The uninspiring UK employment figures have endorsed the theory that the BoE might start cutting rates ahead of schedule, which has punished the GBP. Read More… The Pound Sterling (GBP) remains on the backfoot in Tuesday’s early New York session. The GBP/USD pair remains...
Category: Jobs
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GBP/USD Forecast: UK jobs report does little to help Pound Sterling rebound
GBP/USD trades below 1.2450 in the European session on Tuesday. ILO Unemployment Rate in the UK rose to 4.2% in the three months to February. The cautious market mood could cap the pair’s recovery attempts. GBP/USD staged a rebound toward 1.2450 after setting a new multi-month low near 1.2400 earlier in the day on Tuesday....
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UK unemployment rises more than expected as job market cools
The unemployment rate in Britain has risen by more than expected and wage growth has eased back once again in the latest sign that economic uncertainty is affecting the U.K. jobs market, although leaving the door open for an interest rate cut according to analysts. The Office for National Statistics (ONS) said the jobless rate...
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How Are US Allies Preparing For Donald Trump’s Second Term? | US Elections Foreign allies of the United States are actively strategizing to safeguard their interests in case former President Donald Trump wins the November elections, as indicated by polls. Germany, Japan, Mexico, and Australia are among those taking measures such as engaging with the...
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Jumoke Aderounmu planned relocating to UK due to job scarcity
Adeola, the younger brother to a recently deceased actress, Jumoke Aderounmu, popularly known for her role of Esther in popular sitcom, ‘Jenifa’s Diary’, has said that deceased was actually planning on relocating to the United Kingdom before her demise. Speaking in an interview with Saturday Beats, Adeola noted that Jumoke wanted to relocate to UK,...
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Steelworkers at the UK’s largest production plant vote to strike over job losses
LONDON (AP) — Steelworkers at Britain’s largest steel production plant voted to strike for the first time in around 40 years to protest the planned loss of 2,800 jobs by Indian owner Tata Steel, union officials said Thursday. The Unite trade union said 1,500 of its members at the south Wales plant and the nearby...
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The consulting firms named a Great Place to Work in the UK
What are the top consulting firms to work for in the UK? Great Place To Work surveyed over 250,000 employees to identify the top employers – meet the consulting firms that were named among UK’s Best Workplaces for 2024. “Great employers consistently put people first – not just in terms of looking out for their...
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Ignition – Fan Engagement Manager (UK) – Music Business Worldwide
Fan Engagement Manager – Full Time Narrative You will be working with a mix of established international artists and new talent across management and record labels to develop and grow artists fanbases, manage audience engagement and grow artist’s D2C businesses. Working with sophisticated audience engagement tools, digital marketing teams, merchandise companies and D2C providers your...
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Secretary Antony J. Blinken and United Kingdom Foreign Secretary David Cameron at a Joint Press Availability – United States Department of State
SECRETARY BLINKEN: Well, good morning, everyone. It is, as always, a great pleasure to have Foreign Secretary Cameron here at the State Department, in Washington. We were just together – literally sitting next to each other – for the NATO meetings that we had in Brussels last week, but we’ve had an ongoing conversation and an...
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UK & United States announce partnership on science of AI safety
UK and US AI Safety Institutes to work seamlessly with each other, partnering on research, safety evaluations, and guidance for AI safety Institutes to develop shared capabilities through information-sharing, close cooperation, and expert personnel exchanges The UK and US have signed (Monday 1 April 2024) a Memorandum of Understanding (MOU) which will see them work...
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Job cuts loom for across Big Four following ‘over-hiring’
As Deloitte commences a landmark restructuring of its operations, amid a consulting market slowdown, employees are reportedly weighing up their other options. However, the same pressures which have triggered Deloitte’s changes are increasingly leading other top firms to freeze hiring and cut jobs. The number of job vacancies at UK consultancies tumbled by over 80%...
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AI could eliminate nearly 8 million jobs in UK, study shows
Artificial intelligence could eliminate up to nearly 8 million jobs in the United Kingdom, according to a new study, which cautions that women and early-career employees are most at risk of being put out of work. Government policy, however, could allow the U.K. to avert job losses and harness AI for a breakneck economic surge,...