Cut interest rates, City AM Shadow MPC tells Bank of England December 17, 2025 The Bank of England should cut interest rates by 25 basis points when it meets tomorrow, City AM’s Shadow Monetary Policy Committee has said in a three-way split decision. In the face of the dual problems of high inflation and a continued jobs market decline, the majority of experts on City AM’s nine-strong Shadow MPC [...]
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 [...]
Budget knocks confidence to two-year low amid ‘deteriorating conditions’ December 15, 2025 Households’ nerves about future finances has jumped to a two-year high, a top survey has indicated, with extra taxes expected to dampen activity in the UK economy. S&P Global researchers have said that Britons were more pessimistic about their financial health over the next twelve months than at any time since December 2023, with confidence [...]
Recruiters suffer from sharp slowdown in permanent hiring December 7, 2025 Recruiters suffered a sharp slowdown in setting up permanent placements for job seekers in 2024, with an industry group suggesting the number of positions had fallen by more than a third compared to 2023. The Recruitment and Employment Confederation (REC) said the UK economy’s lacklustre performance in recent years had hit businesses seen as essential [...]
Businesses shed staff at ‘fastest rate since February’ December 3, 2025 Businesses laid off staff at the fastest rate in nine months as growth in the UK economy suffered a “renewed slowdown”, new data has indicated. S&P Global’s purchasing managers’ index (PMI) for November suggested growth marginally changed over the month, with researchers pointing the finger at pre-Budget speculation keeping bosses on edge. The composite PMI [...]
Why the ONS would survive my cull of X accounts October 29, 2025 If I had to cull the number of accounts I follow on X to just ten, @ONS would make the grade. As for the other 9, I’d be reluctant to say goodbye to @PaintingsLondon, @MattCartoonist, @createstreets or @DiaperDiplomacy but I reckon as long as I retained the Office for National Statistics I could continue to [...]
Salesforce rolls out new AI tools amid escalating job concerns October 15, 2025 US tech behemoth Salesforce unveiled ‘agentforce 360′ on Tuesday, its latest generative AI platform built to automate repetitive tasks, as concerns around AI’s impact on jobs continue to swirl, and the company itself navigates workforce reductions. Salesforce executives framed the platform as a way to augment rather than replace human workers, providing tools that allow [...]
Bosses’ inflation expectations highest in two years amid employment freeze October 2, 2025 Fears that inflation will remain well above the Bank of England’s two per cent target intensified on Thursday, after a closely watched survey of businesses revealed bosses plan to raise prices at their fastest rate since the height of the cost-of-living crisis. British businesses also have the weakest hiring intentions since 2020 with firms expecting [...]
Whitehall pledges skills drive as AI wounds UK’s job market September 23, 2025 The UK government is seeking to strike a balance between the promise and the perils of AI, with ministers insisting they are preparing for a range of outcomnes as the technology reshapes the labour market. Kanisha Narayan, a junior minister at the Department for Science, Innovation, and Technology (DSIT), said the administration was “monitoring data [...]
Employment Bill sparks SME fear over costs and red tape September 2, 2025 Small and medium-sized enterprises (SMEs) have voiced growing concerns over the government’s sweeping Employment Rights Bill, warning that the reforms could place a disproportionate strain on firms already grappling with rising costs and a challenging economic climate. The legislation, billed as the most significant upgrade to workplace protections in a generation, is due for its third reading [...]