Lloyds places thousands of jobs under review in tech overhaul Banking Lloyds Banking Group has placed thousands of jobs in its IT division under review as the lender races to beef up its engineering teams and modernise its digital banking offer, City AM can reveal. The FTSE 100 bank told some 6,000 tech and engineering staff on Wednesday that their jobs may be at risk of [...]
Aldi to create 1,600 new jobs and expand as supermarket rivals cut Retail Discount grocer Aldi is set to create 1,600 new roles this year as it expands its store presence in the UK, while its rivals slash jobs. The announcement stands in marked contrast to news of 3,000 jobs cuts at Sainsbury’s, and small reductions in staff numbers at Tesco’s and Morrisons. All three supermarkets have attributed [...]
Budget employment law changes fuel increased job insecurity Business Around one in seven workers said that they feel insecure about their job at this time, particularly among those with a lower income, according to new polling
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.
The Notebook: Too many people are leaving the UK workforce. Here’s how to help July 23, 2024 Where the City’s movers and shakers have their say. Today, James Reed, CEO of Reed, takes the pen to talk about the UK workforce and how Labour can help lower economic inactivity How Labour can fight economic inactivity If I was in the new government, top of my in-tray would be the problem of economic [...]
Week ahead: Fed to hold rates – but is a September cut on the cards? June 9, 2024 Any shift to a single cut, as suggested by Atlanta Fed President Raphael Bostic in April, could boost the dollar sharply.
Flexible jobs market booming as UK workers won’t budge on return-to-office demand April 17, 2024 According to exclusive data shared with City A.M. by Flexa, compared to this time last year, 62 per cent more flexible jobs are on offer in job adverts.
Robert Walters: Recruiter slashed headcount as profit plummeted – with London hit hard March 7, 2024 Robert Walters said headcount had dropped to 3,980 from 4,356 the previous year, which it said was "reflecting a balanced approach to maintain core consultant capacity in most resilient markets".