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      Stamp out pension tax speculation or risk another cash grab, industry warns Healey

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Jobs Tax

  • 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 [...]

  • UK businesses turn to overseas talent and AI as Reeves’ taxes bite

    February 9, 2026

    British businesses are facing a “trade off” as rising costs for employers push firms into investing in overseas talent and leveraging AI.  Whilst businesses are ditching the “wait-and-see” approach that engulfed firms amidst the tax uncertainty ahead of November’s Budget, this has not translated into a hiring upswing, the latest KPMG and REC jobs report [...]

  • Global recruiter SThree hit by ailing UK jobs market

    December 16, 2025

    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 [...]

  • Revolut and LSEG join growing list of OpenAI customers

    December 3, 2025

    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 [...]

  • Brits resort to ‘job-hugging’ as tax hikes bite

    September 9, 2025

    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, [...]

  • 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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