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      UK business confidence plunges to another record low

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CMIT

  • Should you use AI for job applications? Here’s what UK hiring managers think

    Tech

    Managers are increasingly suspicious of AI-generated job applications, with many fearing they aren’t receiving an accurate reflection of a candidate’s skills. According to a new survey by the Chartered Management Institute (CMI), three in four managers in the UK say they are not receptive to interviewing people that rely on AI, without tailoring it to [...]

    The recruitment industry is grappling with a slowdown in hiring among UK employers and wider macro-economic uncertainty.
  • French turmoil could be a boost for the City of London, says top lawyer

    Investing

    Political turmoil in France and geopolitical tensions between China and the US are showcasing the UK’s status as an “independent financial centre” and destination for international IPOs, a leading capital markets figure has suggested. Mark Austin, a lawyer at Latham & Watkins who has masterminded many of the City’s reform efforts over the past two [...]

    Equities on the London Stock Exchange 'have become value traps,' one fund manager warned.
  • London Stock Exchange boss: Britain needs to re-think ‘weird’ view of capital markets

    Economics

    The UK needs to view London’s capital markets as a “driver of the domestic economy” rather just a venue for share trading, the boss of the London Stock Exchange said yesterday. At an event hosted by investment bank UBS, Julia Hoggett, who has led the exchange since 2021, called on pension funds to back British [...]

    The London Stock Exchange

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