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Job Market

  • No jobs in 30 years? UK tech leaders push back on Musk’s AI claims

    June 10, 2025

    Elon Musk’s bleak prediction that “there’s not going to be any jobs for anyone” in 30 years has come under heavy fire from some of the UK’s leading AI figures at London Tech Week. Instead of sounding an alarm for mass unemployment, UK experts argued for transformation and a new focus on control over AI, [...]

  • Anthropic boss: AI will take half of entry level jobs in the UK

    May 30, 2025

    Anthropic CEO has warned that AI could eliminate up to 50 per cent of entry-level white-collar jobs in the UK within five years.

  • Let’s be honest, the ever-rising minimum wage is hurting employment

    April 19, 2025

    Rising from £3.60 to £12.21 in just 26 years, the ever-rising national minimum wage isn't actually helping workers, writes Matthew Lesh.

  • UK resilience buoys Robert Walters amid global hiring slowdown

    April 15, 2025

    Recruiter Robert Walters reported a tough first quarter of 2025, amid a global hiring slowdown and persistent economic uncertainty weighing heavily on recruitment activity. The group cited a combination of cautious employer sentiment, escalating trade tariffs, and shifting economic landscape as key factors disrupting the field. Despite the broader slowdown, the UK was the group’s [...]

  • Lloyds places thousands of jobs under review in tech overhaul

    February 7, 2025

    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

    February 4, 2025

    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

    January 7, 2025

    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.

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