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Labour market

  • Whitehall leans on AI to fix failing public services

    January 27, 2026

    The UK government is accelerating its use of AI across public services, as ministers look to modernise creaking systems, boost productivity and strengthen national security. The Department for Science, Innovation and Technology (DSIT) has announced a new cohort of British AI specialists who will spend the next year embedded in government. They will be backed [...]

  • FTSE 100 Live: Barclays slumps on credit card cap, Fed’s Jerome Powell faces probe

    January 12, 2026

    Good morning from the City AM liveblog team. The FTSE 100 broke through the five-figure mark last week in a welcome start to the year for the London markets.  The index saw its best annual performance in 2025 since the recovery from the financial crash in 2009. That was helped along in no small part [...]

  • Jobseeker numbers rise ‘sharply’ in labour market setback

    January 12, 2026

    The number of jobseekers rose “sharply” in December alongside a slump in demand for new hires, analysis has shown, posing a threat to the future of the UK labour market.  Analysis of S&P Global’s purchasing managers’ index (PMI) indicated the jobs market weakened further at the end of last year, undermining hopes of a recovery [...]

  • AI jobs defy hiring slump as tech talent cashes in

    January 7, 2026

    With redundancies rising and hiring freezes spreading across much of UK PLC, the tech corner of the jobs market looks to be moving steadily in the opposite direction. New data shows tech roles are not just surviving the wider slowdown, but actively raising salary growth in 2026. Jobs platform Totaljobs found median advertised pay saw [...]

  • 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 [...]

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