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Eurozone Crisis: Sarkozy and Merkel Agree to Integrate Eurozone
The French President, Nicolas Sarkozy, has acceded to German demands and is now advocating a new treaty to integrate the eurozone member states.
Tom Nicolson Dec 05, 2011
Britons are a Happy Lot: Official Survey
Official study says that Britons are happy even in the time of economic gloom, surprisingly unemployed people were also satisfied with their lives.
Aparajita Das Dec 02, 2011
Autumn Statement: George Osborne 'Stubborn' and Economically Illiterate
Tensions between the government and unions are at boiling point ahead of the November 30 strikes.
Shane Croucher Nov 29, 2011
George Osborne's Autumn Statement 2011: 'Plan A' in Tatters as UK Forced to Borrow Extra £112 Billion
George Osborne, the Chancellor of the Exchequer, made alarming predictions as he admitted that the estimates he made just eight months ago were in tatters.
Tom Nicolson Nov 29, 2011
George Osborne's Autumn Statement 2011: 'People Need to Come Together'
As storm clouds gather over Westminster today, the deputy prime minister, Nick Clegg, has called for “people to come together” prior to the autumn statement today and the union strikes tomorrow.
Tom Nicolson Nov 29, 2011
400,000 More Britons to Join the Dole Queue by 2013
The UK is on the brink of a modest recession with months of slow growth, the OECD has warned
Geetha Pillai Nov 29, 2011
OECD Tells Eurozone to Integrate or Face Break-up
The Organisation for Economic Corporation and Development (OECD) has warned that the Eurozone must integrate its fiscal policy or face the possibility of a breakup, with Britain heading for a double-dip recession.
Tom Nicolson Nov 28, 2011
100,000 Public Sector Jobs to be Axed: Report
Chancellor George Osborne is set to present a new set of forecasts which are likely to show a sharp decline in growth.
Aparajita Das Nov 27, 2011
Poverty Shock: 100,000 Britons Face a Gloomy Christmas
Charities are struggling to cope with increasing numbers of people hit by a combination of government cuts on welfare benefits, rising unemployment and spiralling food and fuel prices.
Aparajita Das Nov 27, 2011
The November 30 Strike: Will Britain Shutdown?
International Business Times UK looks at who is striking on November 30, why, and how much it will affect Britain.
Shane Croucher Nov 25, 2011
Labour: Bankers Should Pay for Clegg's £1bn Job Plan for Teenagers
Bankers should pay for a jobs subsidy for unemployed young, according to Labour.
Shane Croucher Nov 25, 2011
Clegg's Job Scheme: Labour Questions Source of Funding
The opposition has dubbed the three-year scheme as a wrong strategy.
Geetha Pillai Nov 25, 2011
Labour Commits to Saving 'Lost Generation'
The Labour Party has asked 10,000 activists to campaign for its new "plan for jobs".
Tom Nicolson Nov 24, 2011
Record High Net Migration in 2010
Net migration hit an all-time of 252,000 in 2010, the Office of National Statistics reported today.
Tom Nicolson Nov 24, 2011
Many School-Leavers Lack Basic Skills, Warns New Study
The Centre for Cities report highlights the need to revamp the education system.
Aparajita Das Nov 24, 2011
Labour Leader's Cold Does Not Prevent Him From Turning-Up the Heat on Cameron at PMQs
A “bunged-up” Labour leader put the Prime Minister under pressure over the state of youth unemployment during a feisty PMQs session in the House of Commons.
Tom Nicolson Nov 23, 2011
Could Syria Become the New Iraq?
Much speculation has been made about the possibility of the popular protests in Syria disintegrating into an Iraq-style sectarian conflict. The IBTimes presents an analysis of the various arguments on either side.
Emanuelle Degli Esposti Nov 17, 2011
500 Jobs to be Axed as Rio Closes UK Aluminium Smelter
The company blames stringent emission policies of the EU environment legislation for the decision.
Geetha Pillai Nov 17, 2011
British Gas Planning Massive Jobs Cull, 850 Roles to Go
Unions raise fears of a boiler breakdown during winter as the cuts will mostly reflect on the company's service arm.
Geetha Pillai Nov 17, 2011
Call For More Support Services as UK Youth Unemployment Tops 1m
Jobless figures for those in the 16 to 24 year-old category have pushed youth unemployment to1.02million prompting calls for extra support services.
Sharon Green Nov 16, 2011
Bank of England Slashes Economic Growth Forecasts in Half
Growth for 2011 and 2012 will only be no more than 1 per cent says the Bank of England.
Shane Croucher Nov 16, 2011
More Apprenticeships Can Bail Out Youth Unemployment, Says Study
The Institute for Public Policy Research (IPPR) has suggested that the fact that youth unemployment figures have touched one million is evidence that the government's apprenticeship schemes are not helping enough young people.
Aditya Rangroo Nov 14, 2011
British Job Market Faces Painful Contraction, Says Study
As the turmoil in the eurozone continues unabated, the British job market is due to suffer a "slow, painful contraction" in the coming months as firms are in no mood to hire new staff, a new study has warned.
Pooja Ravikumar Nov 14, 2011
London Least Hit by Downturn: Study
The current economic slowdown has created huge regional economic disparities in Britain with Wales, West Midlands and Yorkshire facing the worst, reports Pricewaterhouse Coopers. Though the unemployment rate and other growth indicators are negative for London, the city has fared better compared to the other regions.
Geetha Pillai Nov 10, 2011
CBI Urges Continuing Austerity Measures to Keep UK’s AAA Rating
The Confederation of British Industry on Wednesday urged Chancellor George Osborne to continue austerity measures to safeguard Britain’s prestigious AAA credit rating. The leading business lobbying group also slashed its GDP projections.
Geetha Pillai Nov 09, 2011
97 Percent Rise in UK Youth Unemployment Leaves More Than 1 Million Britons Jobless
The UK jobs front continues to be grim, even as a Trades Union Congress (TUC) report, published on Tuesday, has shown that unemployment figures rose 97 percent in local council areas over the past year.
Pooja Ravikumar Nov 08, 2011
Great Depression Tops the List With Longer Recovery Period
Recessions have shaken the world economy in more than once and each time the world has come out of it at different pace. The world can still breathe easy as the gravity of the current recession, in terms of its recovery period, has not yet surpassed the Great Depression of 1930.
Geetha Pillai Nov 05, 2011
UK Heading for a Double-Dip Recession if Greeks Quit Euro
The UK has a 70 per cent chance of a double dip recession should Greece decide to leave the eurozone and subsequently default its debts, a thinktank has said.
Tom Nicolson Nov 03, 2011
NIESR Predicts Higher Chances of Recession in UK
Economic growth in the UK is expected to held back in 2012, despite a possible solution the Eurozone crisis, according to a report by the National Institute of Economic and Social Research (NIESR).
Staff Reporter Nov 03, 2011
Research Reveals Individual Motivation Behind London Riots in August
An independent research report published by the Cabinet office has revealed the independent motivation behind the riots.
Aditya Rangroo Nov 03, 2011
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