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      Midday Markets: The UK economy is a juxtapo-Britain

      The UK economy could be on track for growth in the second quarter, according to a new survey.

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hiring freeze

  • Jobs market ‘stops moving’ as employment costs weigh on hirers

    Economics

    The UK’s jobs market has “largely stopped moving” as employment costs weigh on businesses and block jobseekers’ progression into the world of work. Private sector employment intentions are stuck at the lowest ever level outside of the covid-19 pandemic, at plus 11, according to the Chartered Institute of Personnel and Development (CIPD). The organisation, which [...]

    The recruitment industry is grappling with a slowdown in hiring among UK employers and wider macro-economic uncertainty.
  • Jobs slump as economy ‘held up by uncertainty’

    Economics

    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 [...]

    Rachel Reeves speaking at an IOD event.
  • Unilever freezes hiring as Iran war poses ‘significant challenges’

    Retail

    FTSE 100 giant Unilever has placed a global freeze on hiring for at least three months as the Iran war wreaks havoc on global supply chains and fuel prices. The London-based business, which owns Dove soap and Hellman’s mayonnaise, told staff the ban on hiring will affect “all levels” of recruitment and was taken in [...]

    Unilever owns brands ranging from Ben and Jerry's to Dove
  • AI jobs defy hiring slump as tech talent cashes in

    January 7, 2026

    With redundancies rising and hiring freezes spreading across much of UK PLC, the tech corner of the jobs market looks to be moving steadily in the opposite direction. New data shows tech roles are not just surviving the wider slowdown, but actively raising salary growth in 2026. Jobs platform Totaljobs found median advertised pay saw [...]

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