UK Unemployment to Surpass Pandemic High, JP Morgan Predicts | City A.M.

UK Unemployment to Surpass Pandemic High, JP Morgan Predicts | City A.M.

UK unemployment is forecast to surpass levels seen during the Covid-19 pandemic, according to a new analysis by JP Morgan, as businesses continue to grapple with the financial impact of tax increases implemented by Chancellor Rachel Reeves. The bank predicts the unemployment rate will reach 5.5 per cent by late spring, exceeding the 5.2 per … Read more