My Sunday Times piece: The labour market is cooling, which will ease pay pressures and allow the Bank of England to cut interest rates more than markets expect:
More interest rate cuts loom as the job market softens
https://www.thetimes.com/article/444da910-cde5-4131-9e2b-bf34d2b92b48?shareToken=bf1de37acbedc1e3a92f7416eaa5169c
More interest rate cuts loom as the job market softens
https://www.thetimes.com/article/444da910-cde5-4131-9e2b-bf34d2b92b48?shareToken=bf1de37acbedc1e3a92f7416eaa5169c
Comments
Apart from NI increase leading to lower wage rises and fewer vacancies won't it also impact Pension savings by limiting improvements to auto enrolment?
https://ifamagazine.com/national-insurance-hit-on-employers-is-a-major-setback-to-hopes-of-progress-on-britains-undersaving-crisis-pension-improvements-risk-being-stuck-in-the-slow-lane/