Fears of new variants drives FTSE down two per cent April 20, 2021 London’s main market plunged two per cent today, wiping out last week’s gains amid a bad day for big tobacco. The index joined in a global stock market rout on Tuesday, ending the day at 6,859.87, down 140.21 points. The drop pushed the FTSE 100 back through the symbolic 7,000 point mark it smashed last [...]
Young people hit disproportionately by Covid jobs crisis April 20, 2021 Those aged under 35 disproportionately lost their jobs as a result of the coronavirus pandemic, as sectors like hospitality and retail were hit particularly hard by the crisis. In the year to March, nearly 635,000 under-35s saw payroll job losses in the UK, making up 80 per cent of the total payroll jobs lost during [...]
Legal & General: Jobs and affordable housing must be ‘centrepiece’ of levelling up agenda April 19, 2021 The provision of jobs and good quality affordable housing will define the UK’s Covid recovery, according to a new report. The Legal & General Rebuilding Britain Index (RBI), launched today, shows that measures to support the UK’s recovery cannot be unform, with different regions and communities needing to level-up in different ways. According to the [...]
UK job adverts soar in April as business confidence booms April 16, 2021 The number of new job postings is soaring as the UK tiptoes its way out of the pandemic, according to new data from the Recruitment & Employment Confederation. During the week of 5-11 April, a further 140,000 new job openings were recorded, giving a total of 1.37 million active adverts in the UK. This is [...]
E-commerce boom sparks rush in job searches as UK vacancies hit highest level for a year April 1, 2021 Britain’s online spending boom has sparked huge rises in e-commerce job searches, according to new data from recruitment platform Indeed Flex. Indeed Flex found significant increases in job searches related to e-commerce between 1 February and 1 March. Searches for picker jobs more than doubled, while searches for warehouse positions rose by up to 82 [...]
Job vacancies mark biggest drop on record in ‘year like no other’ during pandemic March 15, 2021 Job vacancies saw a bigger drop last year than in the aftermath of the 2008 financial crash, in a “year like no other” during the pandemic, according to the Office for National Statistics (ONS). The number of jobs up for grabs in the UK plunged 57 per cent to a record low of 343,000 in [...]
UK financial services sector shakes off Covid blows as vacancies surge March 10, 2021 Vacancies in the financial services sector are well on their way to recovery after a sharp slump at the start of the pandemic, according to new APSCo data. Research from the Association of Professional Staffing Companies (APSCo) showed hiring fell 58 per cent in the second quarter of 2020 as Covid battered employment prospects. However, numbers [...]
Money mule criminals increasingly target cash-strapped youth during Covid lockdown, report finds March 10, 2021 Money mule criminals use fake online job adverts to target cash strapped youngsters
BP to keep partial work-from-home policy as oil major seeks to cut office costs March 8, 2021 BP plans to extend remote working as a further cost saving measure affecting 25,000 staff
REC: Recruitment is £7.7bn key to economic bounce back February 18, 2021 Recruitment is the key to economic recovery, the Recruitment & Employment Confederation (REC) has said today, as recruitment firms boost productivity by £7.7b each year. However, far more can be achieved as new research found that only half of people think that companies are doing a ‘good job’ at recruiting efficiently. A below standard hire [...]