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Jobs Tax

  • Global recruiter SThree hit by ailing UK jobs market

    Economics

    Global recruiter SThree has felt the pinch of the deteriorating UK jobs market with the region becoming the group’s worst performing large market. The consultancy – which specialises in connecting workers in science, tech engineering and mathematics with companies in need of staff – recorded a 26 per cent slump in fees in the UK [...]

    Professional job interview setting with diverse candidates seated at a table, highlighting workplace diversity and inclusion.
  • Revolut and LSEG join growing list of OpenAI customers

    Banking

    Fintech juggernaut Revolut has joined a host of banking giants in leveraging OpenAI tech to beef up their financial crime protections. The digital bank is one of the latest to partner with the ChatGPT maker as it seeks to enhance its fincrime agent and customer services. The $75bn fintech is also using OpenAI’s large language [...]

    Breaking news concept with digital globe and graphs, symbolizing global financial trends and data analysis on a business w...
  • Brits resort to ‘job-hugging’ as tax hikes bite

    Economics

    Workers are now resorting to ‘job-hugging’ after last year’s Labour tax raid had a chilling impact on the UK jobs market. The £40bn cash grab, unveiled by Rachel Reeves in last year’s Autumn Budget, has triggered a significant slowdown in hiring and has resulted in substantial job losses nationwide. As a result of these changes, [...]

    Rachel Reeves' last budget is still stinging the jobs market (Image Jonathan Brady/PA Wire)
  • Labour’s jobs tax will hit working families hardest

    March 13, 2025

    With less than four weeks to go before Labour National Insurance starts to bite, it’s clear which sectors will be harmed the most: Those that hard-working families rely on, says Mel Stride The clock is ticking. We’re now less than four weeks away from the implementation of Labour’s disastrous jobs tax. But let’s be clear [...]

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