Goldman Sachs criticises £1.45m paternity payout July 31, 2026 Goldman Sachs has criticised a ruling to hand one of its former senior executives a £1.45m payout over his dismissal while on paternity leave. Jonathan Reeves, who served as the deputy global head of the Wall Street bank’s compliance ‘control room’ in London, was dismissed from his job in 2022 when he was due to [...]
Burnham’s plea to City chiefs: let a young person shadow you at work July 30, 2026 Andy Burnham has called on City bosses to let young people shadow them at work as part of a push to tackle the problem of youth unemployment. Speaking to the Jimmy’s Jobs of the Future podcast, the prime minister said that there needs to be more work experience and apprenticeships for young people who don’t [...]
London workers most exposed to AI jobs cull July 7, 2026 Workers in London are more exposed to an artificial intelligence-induced jobs cull than in any other major city, according to the world’s leading economics think tank, while growth in hiring for AI talent has been lower than in the EU, Canada and the US. A new OECD report from the Paris-based Organisation for Economic Co-operation [...]
Tax the robots to fix our jobs crisis June 24, 2026 Starmer leaves parliament with a jobs crisis in his wake. I urge his successor to tax tech rather than humans, writes James Reed.
Specialist tech recruiter sees hiring slump across UK and Europe June 16, 2026 A specialist recruiter in science, technology and maths has posted a slump across its UK operations as the hiring market continues to cool. Workforce consultant SThree recorded a 19 per cent drop in net fees across the UK, which refer to costs paid by an employer to fill a vacancy. Total takings in the UK [...]
Government should fix ‘stubbornly weak’ growth with policy test, industry body argues June 15, 2026 The British Chambers of Commerce (BCC) is calling on the government to break decades of low economic growth by introducing a new delivery test, as businesses continue to slash investment under the burden of mounting costs. In the BCC diagnoses, the UK’s growth problem is not a lack of potential but a failure to turn [...]
Services industry falters as activity plummets amid Iran conflict fallout June 8, 2026 The UK’s services sector’s economic activity and performance declined sharply last month as fallout from the Iran conflict continues to impact businesses, according to new figures. According to data on the latest business trends from accountancy and advisory firm BDO, a drop in sales and fragile client confidence led to a drop in the services [...]
Jobs slump as economy ‘held up by uncertainty’ June 8, 2026 The UK jobs market has been handed another blow as businesses ditch permanent hires as the economy battles against domestic and international uncertainty. The latest jobs report from KPMG and REC, the professional body for recruiters, showed hiring for permanent places dropped to a reading of 44.1 in May, which sits below the neutral 50 [...]
One in ten graduates to flee UK’s worst job market in 30 years June 7, 2026 One in ten students due to graduate university this summer do not plan on staying in the UK to find work, according to a new survey from graduate recruitment research firm High Fliers. The survey revealed that out of the 15,000 students surveyed from over 30 universities including Oxford, Cambridge, Edinburgh, and the London School [...]
Zero-hour crackdown could wipe out seasonal work, Labour warned June 2, 2026 Labour has been warned that its controversial crackdown on zero-hour contracts could eradicate seasonal work and put even 20-hour contracts under threat. The government has said it could class 20-hour weeks as a low-hour contract and force firms to offer permanent terms after as little as 12 weeks of work. Retail and hospitality firms have [...]