UK: Unemployment rises as COVID lockdowns hit economy

February 23, 2021February 23, 2021 news GITFIConline - Global Economies, Unemployment, United Kingdom

The United Kingdom’s unemployment rate edged up to 5.1 percent in the final three months of last year, its highest

Banks make so much income from electronic transactions and will therefore take advantage of the rising number of transactions to accrue more returns.

Banking charges in Ghana shoots up

You will have to pay more for some banking charges or fees, particularly electronic transactions, henceforth. This is because some commercial banks have sent notices to their customers that effective next month, tariffs will go up. These charges are coming up because of the increase usage

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The judges agreed with an earlier tribunal decision that found two Uber drivers were “workers” under British law, therefore entitling them to benefits such as paid holidays and the minimum wage.

Uber drivers are workers, U.K. Supreme Court rules

The U.K. Supreme Court ruled Friday that Uber drivers should be classed as “workers" and not self employed, in a decision that threatens its business model and holds broader implications for the so-called gig economy. The Supreme Court's seven judges unanimously rejected Uber's appeal against

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Figures published by the UK’s Office for National Statistics (ONS) on Tuesday showed that the jobless rate rose 0.4 percentage points between the beginning of October and the end of December 2020.

UK: Unemployment rises as COVID lockdowns hit economy

The United Kingdom’s unemployment rate edged up to 5.1 percent in the final three months of last year, its highest level in nearly five years, official data shows, as severe COVID-19 lockdown restrictions pressured the economy. Figures published by the UK’s Office for National Statistics (ONS) o...

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