Big Four carnage as KPMG swings the jobs axe on both sides of the Pond April 24, 2026 On the back of KPMG taking the shears to its partners’ headcount in the UK, around 140 audit partners across the Atlantic are now set to lose their jobs. The Big Four firm is set to cut about 10 per cent of its 1,400 US audit partners to reduce its bloated headcount. The move comes [...]
Unemployment to peak at 5.8 per cent as jobs market faces ‘biggest hit’ since pandemic April 20, 2026 Britain is set to be “pushed to the brink of a technical recession” in the coming year as the economic fallout of the war in Iran dampens growth prospects and sends unemployment soaring. The latest Item Club report sees the UK economy flatlining in the second and third quarters as it digests the consequences of [...]
Firms slash jobs at fastest pace this year and pay growth slows April 13, 2026 Businesses slashed jobs at the fastest pace in 2026 as employers also resisted giving staff big pay increases over March, research has suggested, exposing the Iran war’s damaging effects on all sides of the UK economy. Research by the Recruitment and Employment Confederation (REC) and KPMG said there was a steeper rise in the number [...]
Construction firms slash jobs after biggest-ever cost inflation rise April 8, 2026 Construction businesses cut jobs at a faster pace in March while the month-to-month inflation rise was the largest on record in a survey that has existed for 29 years. S&P Global said the difference in a reading for cost inflation between February and March was the largest it had ever recorded since data collection began [...]
A generation risks being put off university just when we need graduates most April 8, 2026 Current public debate, with headlines about student debt, graduate underemployment and a supposedly collapsing graduate jobs market risk the impression that university is no longer a worthwhile investment When Daniela Amodei, co-founder of world-leading AI firm Anthropic, was asked recently whether she regretted her English literature degree, her answer was unequivocal: no. In fact, she [...]
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 [...]
Being an MP is a miserable job – but why must they inflict it on the rest of us? March 26, 2026 With all the stress that comes with their own job, you'd think MPs would have more empathy for the rest of us, writes Emma Revell.
James Reed: V-levels are Labour’s best idea yet March 25, 2026 Middle-class prejudice towards vocational paths has held the UK back. I welcome Labour's V-level push, writes James Reed.
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 [...]
Lady Mayor: The City must make East End kids like me feel like they belong March 23, 2026 Plenty of young people can see the City skyline from their classroom window, yet still feel like they don't belong. I want to change that.