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unemployment

  • Youth unemployment is at a decade-high. Ignoring it will breed division

    November 23, 2024

    Being left behind while others prosper creates fertile ground for extremism. So we can't afford to ignore youth unemployment, writes Russell Hobby.

  • Hellofresh puts 900 UK jobs at risk as major site set to be closed

    October 30, 2024

    Hellofresh has revealed plans to close one of its major UK sites in a move which has put 900 jobs at risk. The recipe box delivery company has said the Nuneaton distribution centre would remain operational until the middle of 2025 if the proposals are approved. The 237,000 sqft building was Hellofresh’s second site when [...]

  • Recruiter SThree holds guidance despite ‘challenging’ market conditions

    September 24, 2024

    SThree, the recruiter specialising in STEM fields, reported a six per cent contraction in its quarterly order book, which sits at £167m.

  • Hellofresh: Cuts to UK workforce significantly slashes loss

    September 13, 2024

    The last time the UK arm of Hellofresh made a pre-tax profit was the £8m it reported in 2020. Since then it has lost almost £50m.

  • Bank of England gets the ‘green light’ for another rate cut following wage figures

    September 10, 2024

    For the second month in a row the figures show that pay growth eased markedly even while unemployment edged lower.

  • JD Sports puts almost 200 jobs at risk as it moves to close major distribution centre

    September 10, 2024

    Almost 200 jobs have been put at risk of redundancy after JD Sports confirmed plans to close one of its major distribution centres. The Greater Manchester-headquartered group, which is listed on the London Stock Exchange, is to shutter its location at Derby Commercial Park. The move comes after JD Sports penned a 20-year lease on [...]

  • Wage growth slows ‘markedly’ in a boost for the Bank of England

    September 10, 2024

    Strong wage growth has been a concern for policymakers at the Bank of England due to fears that it could keep cost pressures elevated, particularly in the labour-intensive services sector.

  • More than 750 jobs at risk as Bakkavor set to axe major UK factory

    September 5, 2024

    More than 750 jobs are at risk at the fresh food maker Bakkavor after the London-listed group said it would close one of its North West factories. The company, which is headquartered in London, said today it was looking at axing its Wigan facility after a review revealed it would need “significant investment” to continue [...]

  • Hays results ‘lay bare’ UK recruitment crisis

    August 22, 2024

    Recent results from the UK’s leading recruitment firms have been, quite frankly, dismal: profit has collapsed across the board as firms struggle to stay afloat amid a sharp downturn in the market. The sector boomed in 2020 after the tech sector led to a surge in hiring, and increases in wage offers helped attract new [...]

  • John Lewis redundancies: What does the law say about department store job cuts?

    August 14, 2024

    More UK retail jobs are set to be lost after John Lewis revealed plans to cut its headcount by more than 150 in the coming months. The move means the department store giant becomes the latest household name to reduce its staffing numbers so far this year. John Lewis has said it hopes to achieve [...]

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