UK small businesses hit by hiring woes despite record wage rise
The UK’s small businesses are facing more woes as they struggle to fill open vacancies, according to new insights...
READ MOREBank of England Governor Andrew Bailey said on Thursday the British central bank was walking a tight line between tackling inflation and avoiding recession, with the strength of the labour market a key question right now.
The BoE last month softened its language on the need for more interest rate increases as rate-setters stressed downside risks to the economy, in addition to existing worries about inflation becoming embedded in expectations.
Read more at Reuters