Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

UK job ads return to pre-pandemic level – Adzuna

2021 04 15T083319Z 1 LYNXMPEH3E0FH RTROPTP 4 HEALTH CORONAVIRUS BRITAIN BUDGET - Global Banking | Finance

LONDON (Reuters) – Online job adverts in Britain returned to pre-pandemic levels last week, boosted by pubs and restaurants looking for staff as they prepared to partially reopen, job search website Adzuna said on Thursday.

Total online job ads hit 100% of their February 2020 average level on April 8, a rise of three percentage points from a week earlier, Adzuna said.

“We’re not back to normal yet but these are really promising signs,” Adzuna co-founder Andrew Hunter said. “There are still some hard yards to be fought and the big unknown is what will happen when the furlough scheme is wound down.”

Hospitality and catering job ads rose by 10 percentage points to 58% of their February 2020 levels as restaurants, cafes and pubs prepared to reopen for outdoor customers on April 12, Adzuna said.

Retail hiring also started to recover as non-essential shops geared up to open their doors on the same date.

Britain’s labour market has been cushioned against the impact of the country’s coronavirus lockdowns by the government’s furlough scheme which is due to be phased out by the end of September.

The country’s unemployment rate stands at 5%, far lower than feared by forecasters at the onset of the pandemic but it is expected to rise in the coming months.

(Writing by William Schomberg, editing by David Milliken)

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post