In his first public address since assuming the role of NATO Secretary-General, Mark Rutte emphasized the need for member states to adopt a “war-time mindset” and significantly increase defense spending. Reports suggest that NATO may establish a new spending target of 3% of GDP by 2030, a marked rise from the current 2% benchmark, which remains unmet by eight member nations.
The Finance Forum is a monthly breakfast event, for business owners and senior executives who are interested in the latest economic trends, in terms of what it means for the London labour market, specifically within Finance.
Spaces are limited – register now!
The revision by the OECD that Britain’s GDP growth for next year will be higher than initially thought will be welcome news to Rachel Reeves and Kier Starmer. Indeed, the increase has been from 0.4% when forecast in May, to 1.1% now. At a time when the Government are facing acrimony over their budget, and business confidence is deteriorating, it is important to understand though, that the reason why the forecast has been lifted is due to the planned investments into the public sector.
Join our upcoming webinar on December 10 at 12 PM as James Chaplin and Matt Gallivan dive into the latest IT job market trends—with a special focus on gaming! We’ll cover IT hiring trends, macroeconomic impacts, and the skills driving change. Don’t miss out!
The latest report from the Institute of Directors is out, and the findings show business confidence in the wider UK economy to close to its record low, in April 2020 (-69) at the onset of the Covid pandemic, and marks the second lowest reading of the Index since it began in July 2016. Just as importantly, the study has asked business leaders how they were expecting to be affected by and responding to the changes in employer National Insurance.
