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hiring market

  • UK firms eye AI spending in 2026, but skills gap threatens rollout

    A third of British businesses plan to invest in AI in 2026, yet new data suggests the bigger challenge may be readying staff for the technology, rather than rolling it out at speed. Research from Lloyds Bank’s recent business barometer revealed that 33 per cent of firms intend to invest in AI tools next year, [...]

    More Brits expect to work for longer
  • Private sector slump to drag on to Spring 2026, businesses say

    Business

    UK business leaders have warned that the sharp downturn in the private sector is likely to continue until Spring 2026, after firms put plans for future investment on ice in the run-up to the Labour government’s Autumn Budget. The Confederation of British Industry (CBI) anticipates private sector output to fall in the fourth quarter after [...]

    A quarter of UK employers are planning to make redundancies over the next three months.
  • Hays slashes dividend as profit plummets

    Business

    Hays reported drops across most of its financial lines as the group battles a challenging hiring market, forcing it to reduce its final dividend for shareholders.

  • PageGroup profits slide as UK recruitment slowdown bites

    August 12, 2025

    Recruiter PageGroup has posted a sharp drop in first half profits as subdued hiring across the UK and Europe weighed on performance, but the group stuck to its full year targets and pledged to press ahead with cost cuts. The Surrey-headquartered FTSE 250 firm saw operating profit tumble to £2.1m in the six months to [...]

  • Robert Walters plunges into loss amid challenging hiring market

    July 31, 2025

    Robert Walters generated nearly £8m in losses over H1 of 2015 as the firm grapples with a 'challenging' hiring market that resulted in rounds of redundancies.

  • AI disrupts UK hiring for tech and entry level roles

    July 14, 2025

    UK employers are significantly scaling back hiring roles at risk of being disrupted by artificial intelligence (AI), adding signs of a broader labour market slowdown. New data from McKinsey & Co revealed that online job postings fell 31 per cent in the three months to May, compared with the same period in 2022. Yet the [...]

  • London hiring plunges as Rachel Reeves’ tax grab weighs

    July 14, 2025

    London hiring has suffered a steep drop as rising costs weigh on employers following Rachel Reeves’ tax grab. Permanent staff places in the capital – hires with no fixed end date – fell at the sharpest rate in 22 months in June. Meanwhile, temporary bills, which track the total income recruitment agencies earn from placing [...]

  • Meta’s billion-dollar AI talent hunt sparks broader jobs reckoning

    June 30, 2025

    Meta is offering some of the most lucrative recruitment packages in tech history, as chief executive Mark Zuckerberg leads an aggressive hiring push to reposition the firm as a leader in generative artificial intelligence (AI). The member of the so-called magnificent seven has offered signing bonuses of up to $100 (£79m) to lure top talent [...]

  • Adzuna falls into the red amid hiring slump

    March 18, 2025

    Jobs website Adzuna has fallen into the red as its sales were slashed by a third after battling a “turbulent” economy and a fall in hiring activity. The London-headquartered business has reported a pre-tax loss of £276,797 for the 12 months to 30 June, 2024, after it achieved a pre-tax profit of £1.5m in the [...]

  • Founders warn of hiring freeze ahead of national insurance hike

    November 14, 2024

    A majority of founders are warning they will have to implement a hiring freeze ahead of the employers’ National Insurance Contributions (NICs) increase set to come into effect this spring. The warning signs follow Rachel Reeves’ announcement in the Budget last month of a 1.2 per cent increase to employers’ NICs, taking the total to [...]

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