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 [...]
Specialist tech recruiter sees hiring slump across UK and Europe June 16, 2026 A specialist recruiter in science, technology and maths has posted a slump across its UK operations as the hiring market continues to cool. Workforce consultant SThree recorded a 19 per cent drop in net fees across the UK, which refer to costs paid by an employer to fill a vacancy. Total takings in the UK [...]
Debt-saddled grads ‘risk earning less than minimum wage’ five years after leaving uni June 8, 2026 For nearly half of all university courses, those in the bottom quarter of the cohort end up earning less than minimum wage five years on from graduating, according to a new report on the outcomes crisis in higher education. The think tank Policy Exchange has found that rampant grade inflation and an explosion in university [...]
Jobs slump as economy ‘held up by uncertainty’ June 8, 2026 The UK jobs market has been handed another blow as businesses ditch permanent hires as the economy battles against domestic and international uncertainty. The latest jobs report from KPMG and REC, the professional body for recruiters, showed hiring for permanent places dropped to a reading of 44.1 in May, which sits below the neutral 50 [...]
One in ten graduates to flee UK’s worst job market in 30 years June 7, 2026 One in ten students due to graduate university this summer do not plan on staying in the UK to find work, according to a new survey from graduate recruitment research firm High Fliers. The survey revealed that out of the 15,000 students surveyed from over 30 universities including Oxford, Cambridge, Edinburgh, and the London School [...]
‘Centre of gravity is shifting’: UK fintech hiring to switch focus from neobanks May 26, 2026 UK fintech is forecast for another hiring surge as the sector matures past the high-growth era of neobanks and focus turns to the rise of software and payments focused firms. Figures from City recruiter Morgan McKinley forecast fintech hiring to rise 14 per cent in 2026, which follows on from a whopping 28 per cent [...]
‘It will reduce jobs’ – Jamie Dimon sounds off on AI’s impact on banks May 21, 2026 One of the world’s leading financial figures has warned AI will inevitably lead to a cut in jobs amid growing jitters around the impact the new tech will have on the banking sector. Jamie Dimon – the top boss of America’s largest bank, JP Morgan – said: “I think [AI] will reduce our jobs down [...]
AI will ‘destroy and create jobs,’ says HSBC boss May 20, 2026 The boss of Europe’s largest bank has warned that the growth of AI will both “destroy” and “create” new jobs as the banking industry continues to be reshaped in the face of new technology. Georges Elhedery, chief executive of HSBC, warned that the bank’s staff must avoid “fighting us” as it unveiled its latest AI [...]
Unemployment back up as UK job vacancies fall May 19, 2026 Unemployment crept back up despite a fall in last month’s data as it was shown that the UK jobs market weakened in the last quarter. The Office for National Statistics said the UK unemployment rate was five per cent in the three months to March 2026. The unemployment rate had dropped to 4.9 per cent [...]
London to be hit hardest as jobs market struggles through 2026 May 11, 2026 The jobs market is set to worsen throughout the year, with UK employment forecast to suffer a net loss of 163,000 jobs. That’s according to research from the ITEM Club, which has found that London is set to bear the largest absolute decline, shedding an estimated 25,000 positions as its retail and hospitality sectors slow. [...]