City finance jobs shrink as Budget fears add to cautious mood Economics Finance jobs in London shrunk in September as employers weighed up the raft of economic pressures and uncertainty around the forthcoming Budget. City vacancies tumbled 30 per cent to 1,200 by the end of the third quarter, compared with 1,719 in July at the start of the three-month window according to recruiter Morgan McKinley. Jobs [...]
Employers yearn for growth as jobs market stages ‘fragile recovery’ Economics The UK jobs market is beginning to “flicker back to life,” a new report has said, after permanent and temporary placings inched up in the last month. The latest jobs report from KPMG and recruiter REC showed permanent hiring grew for the second consecutive month to a four-year high of 50.9. Meanwhile, temporary billings also [...]
The City should hire on character again Opinion In an AI world, character has never been more important. Employers and jobseekers should bring it to the forefront, writes Georgiana Bristol.
Shares jitter at City recruiter Hays after taking chop to operations June 17, 2026 Shares in Hays see-sawed on Wednesday morning as the recruiter revealed it had offloaded operations across six different countries. The FTSE 250 human resources firm said it had banked £4m on the sale of operations in the Czech Republic, Denmark, Hungary, Luxembourg, Romania and Sweden. The group expects the transaction to lead to a non-cash [...]
OpenAI investor calls for tax overhaul as AI reshapes jobs market March 29, 2026 An early investor in OpenAI has called for a radical overhaul of the US tax system in anticipation that the rise of AI will necessitate a shift from taxing labour to taxing capital. American businessman and venture capitalist Vinod Khosla has said that as the accelerated automation of the workforce fuels public anxiety over job [...]
Government can’t fix the jobs crisis alone – employers must step in March 25, 2026 It is companies, not ministers who do the most to create meaningful work. Let’s get to it, says Octavius Black One of Europe’s most successful fintechs has given its employees unlimited access to AI with a simple instruction: build tools that will multiply your productivity by a factor of ten. The results are highly personalised [...]
UK unemployment will surpass pandemic high, says JP Morgan February 24, 2026 UK unemployment will brush past its peak in the Covid-19 pandemic, Wall Street’s biggest bank has predicted, as employer’s still feel the brunt of Rachel Reeves’ cash grabs. The rate of unemployed Brits is tipped to reach 5.5 per cent by the late spring, according to a forecast by JP Morgan, which would mark an [...]
Unemployment hits post-pandemic high as wage growth slips February 17, 2026 The labour market continued to loosen in the final quarter of last year, official figures show, with wage growth easing and unemployment climbing steadily higher. The rate of joblessness crept up to 5.2 per cent between October and December, according to the Office for National Statistics (ONS), the highest level since early 2021 and slightly [...]
Why business owners are telling the next generation to give up on Britain January 7, 2026 Despite the government’s lofty pledges to be the “start-up hub of the world,” confidence has fallen so low that only 17 per cent of owners would advise a young entrepreneur to start their business in the UK today, says Matthew Elliott When entering government, Sir Keir Starmer stated that wealth creation would be his “number [...]