Tag: rises

Young people hit as unemployment rate rises

Image copyright Getty Images The UK unemployment rate has risen to its highest level for almost two years, official figures show. The unemployment rate grew to 4.1% in the three months to July, compared with 3.9% previously. Young people were particularly hard-hit, with those aged 16 to 24 suffering the biggest drop in employment compared with other age groups. Firms… Read more →

Read more →

UK inflation rises to 1% in July as lockdown eases

Image copyright Getty Images UK consumer price inflation jumped to 1% in July from 0.6% in June as lockdown measures eased further. The Office for National Statistics (ONS) said the figure was boosted by rising petrol and clothing prices. “In addition, prices for private dental treatment, physiotherapy and haircuts have increased with the need for PPE contributing to costs,” the… Read more →