UK Economy

Employment market now candidate-led as 24% say they'd prioritise flexibility over salary, research shows.

CBI director Carolyn Fairbairn warns UK businesses being burdened by government.

Council of Mortgage Lenders says rate of mortgages in arrears is lowest since 2004.

Tesco estimates that it sells about one million flower bouquets every Valentine's Day.

UK industrial production fall is more than expected in Q3 as manufacturing output declined.

In November 2015, Ikea did not renew its contract with Hanergy, its Hong Kong-based solar panel supplier.

The move comes after Tidjane Thiam, CEO at Credit Suisse, asked the board to cut his bonus.

IFS fears slower pay growth as volatile markets blow huge hole into fiscal plans of chancellor George Osborne.

The United States ranked 51st and the UK ranked 54th on Bloomberg's 2016 misery index.

Research shows 60% of female workers in the UK are likely to be underpaid, compared with 40% of men.

Britain's economy will not be affected by global turmoil in 2016 but inflation is likely to grow just 0.3%.

The move is part of its parent company Centrica's July 2015 announcement to cut 6,000 jobs.

The research coincides with the Federation of Small Business' policy conference in London.

Other banks such as Barclays too have been on a cost cutting drive in recent years.

The move will affect 400 employees, who are being consulted for alternative roles with Tesco or other stores.

The three accounted for more than a fifth of the UK ticket sales in 2015.

The plane engine manufacturer boasts of clients such as Boeing Co. and Airbus Group.

The annual GDP growth added up to 2.2% in 2015, well below the 2.9% increase reported in 2014.

Denmark, Sweden, Finland, New Zealand and Norway are among other nations in the least corrupt list.

53 UK start-ups are listed in the Business Innovators 2016 guide.

Businesses operating in the financial services industry are particularly keen to hire.

An Asda spokesperson said 2015 was a tough year for all UK supermarkets.

Office for National Statistics said unemployment hit lowest level in 10 years in fourth quarter.

Inflation grows but remains largely in line with economists' expectations as CPI climbs by 0.2% year-on-year.

Research finds over 30% of British companies expect economic conditions to threaten their business this year.

While Sainbury's benefitted, Tesco and Morrisons too saw poor sales during Christmas.

Higher household budgets, increase in house prices and bigger consumer spending to boost UK economy this year.

Waitrose takes three times longer than Tesco to pay some of its vendors.

Interest rates remain at 0.5% after BoE voted 8-1 in favour of not opting for an increase.

The first new branch of UK's budget hotel chain will be opened at Weston-super-Mare in the spring.