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 [...]
Robert Walters blames Budget uncertainty for slump in UK fees October 15, 2024 Recruiter Robert Walters has posted a slump in net fee income as economic and political uncertainty dragged on hiring in the UK and Europe.
Busy claims year drives demand for risk professionals in London insurance market May 13, 2024 Vacancies for risk professionals in insurance companies are on the rise as the sector battles yet another busy claims year