Your latest business news for Monday, March 17, 2025.
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00:00Hello and welcome to the latest Business Bulletin on Monday the 17th of March.
00:04First, one in four young people have considered leaving the workforce in the past year.
00:09New data from PwC revealed mental health was the most common factor.
00:13The survey also revealed that 10% of all workers are considering leaving for an extended period.
00:18The survey involved 4,000 employees from 300 companies within the UK.
00:24Also on the employment front, vacancies are increasing in certain sectors of the UK economy.
00:28There are more vacancies in construction, landscape gardening, teaching and maintenance work.
00:33However, the research by the Recruitment and Employment Confederation
00:36showed a fall in demand for veterinary nurses, delivery drivers and train and tram drivers.
00:42The Bank of England's Monetary Policy Committee meets on Thursday.
00:45They're expected to be cautious and hold interest rates at 4.5%.
00:49Experts are citing the fog of uncertainty created by things like Donald Trump's tariffs.
00:54Inflation in the UK is also rising.
00:57JD Weatherspoon is expected to reveal soaring sales this week.
01:01The London-listed firm, which has around 800 pubs in the UK,
01:05is set to report its half-year results on Friday.
01:08In its last trading update, Weatherspoon forecast a nearly 5% rise in food and drink sales.
01:12It's also expected to get an 11% sales boost from its slot machines and fruit machines.
01:18And finally, some stock market news.
01:20MHA, the provider of audit and assurance, tax, accountancy and advisory services,
01:25has announced its intention to float on the London Stock Exchange's alternative investment
01:29market. They're looking to fundraise up to £125 million.
01:33Also planning to float is Quantum Base, a quantum science company.
01:37They were founded in 2013 as a spin-out from Lancaster University
01:41and are essentially commercialising serious breakthroughs in the field of quantum physics.
01:46That's all for today. More tomorrow.