The latest market updates are brought to you by Investment Managers & Analysts at Wealth at Work Limited which is a member of the Wealth at Work group of companies.
According to CIPDs Labour Market Outlook, one in four (25%) employers are planning to make redundancies in the three months to March 2025, another record high outside of 2020.
Following a review, the new Pensions Minister, Torsten Bell has confirmed auto-enrolment (AE) thresholds will be maintained at the current levels* for 2025/26.
This week, the spotlight was on Ukraine-Russia peace talks, as US and Russian officials met in Saudi Arabia. The US administration said it would hold direct talks with Russian President Vladimir Putin to end the war.
Speaking to European Union lawmakers on Monday, ECB President Christine Lagarde indicated that inflation in the Euro Area appears on track to reach its 2% target in the coming months.