Starmer sticks to youth minimum wage pledge despite jobs fears February 18, 2026 The government will stick to the Labour party’s manifesto commitment to equalise the minimum wage despite speculation it would row back on the pledge over unemployment fears, the Prime Minister has said. Speaking on Wednesday, Sir Keir Starmer said: “We’ve made commitments to young people in our manifesto, and we will keep to those commitments, [...]
Employment Rights Act changes could cost Premier League clubs millions February 18, 2026 Premier League clubs could be forced to pay millions in player dismissal fees when Labour changes to the Employment Rights Act come into force next year. It comes as the UK’s unemployment rate reached a near five-year high on Tuesday morning. The Employment Rights Act, a brainchild of former deputy Prime Minister Angela Rayner, will [...]
Is AI really to blame for Britain’s rising unemployment? February 17, 2026 Unemployment has risen to 5.2 per cent, the highest level since 2021, as the UK’s labour market continues to cool. But how much of that stagnation can reasonably be attributed to AI? The latest Office for National Statistics (ONS) figures show the jobless rate climbed in the three months to December, while the number of [...]
Labour’s employment legislation and national insurance blamed for rising joblessness February 17, 2026 National insurance hikes and the employment rights act mean businesses are being forced to cut back on hiring, business leaders and analysts have said. The labour market continued to loosen at the end of last year, according to new Office for National Statistics (ONS) data, with unemployment climbing to 5.2 per cent between October and [...]
Unemployment hits post-pandemic high as wage growth slips February 17, 2026 The labour market continued to loosen in the final quarter of last year, official figures show, with wage growth easing and unemployment climbing steadily higher. The rate of joblessness crept up to 5.2 per cent between October and December, according to the Office for National Statistics (ONS), the highest level since early 2021 and slightly [...]
FTSE 100 Live: Unemployment rises; Debenhams’ £35m raise February 17, 2026 Good morning and welcome back to the City AM liveblog. The UK unemployment rate has risen again this morning, with fresh data from the Office for National Statistics (ONS) showing the rate had surged to 5.2 per cent in the three months to December 2025. This was up from 5.1 per cent in the latest [...]
Jobs figures show Labour has abandoned growth February 16, 2026 A staggering 37 per cent of businesses surveyed by the Chartered Institute of Personnel and Development said they planned to reduce hiring permanent staff as a result of the Employment Rights Act, says Callum Price If we believe that a government is what it does, not what it says, it would be difficult to argue that this government has even a passing interest [...]
Bank of England’s Mann says minimum wage rise linked to youth employment February 15, 2026 An increase in minimum pay for younger workers has led to a rise in youth unemployment, according to Bank of England rate-setter Catherine Mann, as new data shows Britain’s jobless rate for young people has climbed above the European average. The unemployment rate for 18 to 24-year-olds stood at 13.7 per cent in the three [...]
One in three founders plan job cuts due to AI February 13, 2026 A third of Britain’s scale-up founders are expected to cut jobs in the next year as AI adoption accelerates, new data suggests. A new report by Helm found 33 per cent of founders expect AI to lead job cuts in their business within the next twelve months. Nearly two-thirds, or 64 per cent, said they [...]
AI minister promises UK visa fast-track for global talent February 11, 2026 Britain will reimburse visa fees and speed up processing for international AI talent, as the government pushes to turn the country into a global hub for the technology. Speaking at the London AI Hub last night, AI minister Kanishka Narayan said a new dedicated AI “talent stream” would sit by a broader effort to train [...]