The Area With Highest Unemployment Hits 5.1%

The unemployment rate in August was near a four decade low at 3.7%. It is, at this point in time, the culmination of one of the most profound, rapid changes in the job rates in recent memory. Prior to the pandemic, in February 2020, the rate was 3.5%. That rose to 14.7% in April last […]

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THG PLC H1 Loss Widens, Cuts FY22 Outlook; Stock Dips

Shares of THG Plc (THG.L) were losing around 16 percent in the early morning trading in London after the e-commerce retailer on Thursday trimmed fiscal 2022 outlook after reporting wider loss in its first half. The first-half loss before tax was 108.19 million pounds, wider than last year’s loss of 81.34 million pounds. Loss per […]

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UK Jobless Rate Hits 48-Year Low

The UK unemployment rate hit a 48-year low in the three months ended July largely due to a decline in the workforce size, data published by the Office for National Statistics showed Tuesday. The unemployment rate fell to 3.6 percent in three months to July, which was the lowest since May to July 1974. The […]

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Why you should look beyond fund manager marketing guff

Despite a heavily regulated finance sector, there are plenty of ways that fund managers can manipulate information to potentially mislead investors. It can include stating their risky investments are “just like having the money in the bank”, selecting start and end dates to show performance in the best light, or reporting returns with only some […]

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