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Part time employment reaches record level

The number of people working in part time posts has hit a record high since records began in 1992, a new report shows. The latest figures from the Office for National Statistics have revealed the bittersweet news, as though these part time roles are creating more job opportunities, they highlight the lack of full time [...]

Britons are preparing to work into their seventies

The new rise in the state pension age as well as lack of funding means that even careful savers are expecting to work past the age of seventy before being able to retire, a new report has shown. The latest research has revealed that the Government’s move to increase the state pension age to 66 [...]

Graduate Unemployment Rate Hits 17 Year High

The number of graduates struggling to find work and remaining unemployed has reached its highest level for 17 years, new research shows. The report, from the Higher Education Career Services Unit (HECSU), presents a snap-shot of 2009 graduates’ destinations six months after their departure from university, collating information from surveys filled out by 82% of [...]

Remortgage Levels Drop to Ten Year Low

The number of home loans given to people for remortgaging dropped to a low of over ten years in August, new figures show. The statistics, from the Council of Mortgage Lenders’ latest survey data, revealed that remortgaging only accounted for 25% of all loans advanced in the month, the lowest proportion since the end of [...]

Over One Million Women Seeking Work

Unemployment levels among women have soared to the highest level for twenty two years, new figures show. The latest report from the Office for National Statistics (ONS) reveals a worrying number of women are now out of work despite being able to, having been hit hardest by the recession. The Labour Market Statistics release for [...]

House prices fall across the UK as mortgage lending tightens

House prices are falling in every region of the UK for the first time since April 2009, a new survey has revealed. The report, from industry analysts Hometrack is based on responses from 5100 agents and surveyors across all 2,300 postcodes in England and Wales. In the month of September the extend of continued house [...]

One In Ten Have No Plan To Retire

A new report has revealed that 10% of the working population have no plans to retire. The figures show that the equivalent of 3.5 million people are planning on working until they die, showing a massive contrast compared to the results of the same report two years ago, with a ten-fold increase of workers admitting [...]

Low consumer confidence raises chance of double-dip recession

Britons’ fears over the state of the economy are increasing the chance of a double-dip recession as month by month consumer confidence dwindles to recession levels, according to research from GfK NOP on behalf of the European Commission. The Consumer Confidence index has fallen for the fifth month in a row, July figures reveal. Falling [...]

Capital Gains Tax rise causes controversy

The proposal of a rise in Capital Gains Tax or CGT has caused an uproar in the financial markets as the effects of an increase are analysed by industry experts. The coalition government’s plans to increase CGT from its current 18% rate come mainly from the Liberal Democrat members, but the idea has come under [...]

House Prices Rise in 11% of UK Regions

Despite recent figures suggesting mortgages and the housing market were on the up, a study has found that monthly inflation has fallen for the first time in a year. The Land Registry reports that house prices dipped 0.2% in May, the first drop in twelve months. Research from Hometrack, the property information specialist, has found [...]