UK to spend billions on job training to cut reliance on migrant workers

LONDON (Reuters) –Britain will spend a record 3 billion pounds to boost training opportunities, the government said on Tuesday, part of a broader strategy to train locals to fill gaps in the labour market and reduce reliance on foreign workers. The investment will “refocus the skills landscape towards young, domestic talent” by creating 120,000 new … Continued

Over-50s support could help lower unemployment rate, experts say

Supporting people aged 50 and over into work could help solve the productivity and unemployment crisis, experts have said. The most recent Office for National Statistics (ONS) labour market data published yesterday (13 May) revealed that the UK’s unemployment rate has hit a four-year high. The rate of unemployment was 4.5% between January and March 2025. This … Continued

UK economy grew more quickly than forecast in early 2025

LONDON (Reuters) – Britain’s economy unexpectedly grew in March to push up output over the first quarter of 2025 by the most in a year, according to official data on Thursday that will be welcomed by finance minister Rachel Reeves. Gross domestic product expanded by 0.2% in March from February. Economists polled by Reuters had … Continued