Live Breaking News & Updates on Domestic Workforce

Stay updated with breaking news from Domestic workforce. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Transcripts For BBCNEWS World Business Report 20240706



let s start here in the uk, where, in a few hours time, the chancellorjeremy hunt will unveil his first budget, where he will outline the government s big decisions on spending, and plans for raising or lowering taxes. among the measures he s expected to unveil is a significant expansion of free childcare provision. it s part of a strategy to get more people back to work, given the shortage of staff in some key sectors. the chancellor is also expected to announce a rise in the tax free limit for pension contributions, to encourage people to stay in work for longer. the latest economic figures underline the challenge facing the government, as well as the pressure on household and business budgets. here s our economics editor faisal islam. it is back to work budget, that s a promise, and it was centre on one of the biggest ever expansions of childcare for england with equivalent funding for other nations. parents of one and two year olds will get the same 30 hours of sup ....

Bbc News , Business Headlines , Budget Day , Around The World , Public Sector , Childcare Provision , Lay Offs , Pension Tax Incentives , Hospitality Industry , S Owner , Big Tech Continue , Job Cuts , Black Sea , Global Food Crisis , Uk Budget , Chancellorjeremy Hunt , Pension Contributions , Faisal Islam , Business Budgets , Pension Provision Etc , Southeast England , Tens Of Thousands , I Zre , I Mjust , Energy Bills , Much Bills ,

The Role of Overseas Labor Supply in Global Workforce trends

The role of overseas labor supply is undeniably significant in shaping global workforce trends. As a result, businesses and industries across the globe increasingly rely on overseas labor supply to meet their workforce needs ....

United Arab Emirates , International Trade , Talent Mobility , Domestic Workforce ,

Transcripts for BBCNEWS World Business Report 20240604 05:52:00

One of those is that ministers will relax rules on migrant workers, so to help some key sectors. but what we are hearing as hospitality is not one of those, it is more likely to be construction. it one of those, it is more likely to be construction. to be construction. it is desperately to be construction. it 3 desperately disappointing if hospitality is excluded. it is quite clear when one in ten jobs remaining, fill the vacancy rate standing at around 170,000 for all of this year, that we are being held back by a lack of labour. we are doing our part, investing in domestic workforce, upskill young people and training people across the country, but is it we are not enough staff to go around so we would urge ministers to think again on that and look at relaxing the laws further. there is a longer term review. how hopeful are you, though, that the measures that are likely to be announced today, ie, a lot more childcare for young families, but also that could free up grandparents who ....

Migrant Workers , Construction To Be , Vacancy Rate Standing , Domestic Workforce , Pension Provision Etc ,