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wage bill

  • Anthropic: UK staff get eye-watering sums at AI giant

    Tech

    US AI giant Anthropic is paying its UK staff eye-watering financial packages as it attempts to build a foothold in this country. The business, which only launched in the UK at the start of 2023, increased its headcount from six to 43 in 2024 while its staff costs rocketed from £3.6m to £24m. Its wage [...]

    Breaking news event with journalists gathered at a press conference, microphones and cameras capturing the scene
  • Retail job vacancies have almost halved in a year

    Retail

    The number of advertised jobs in retail has almost halved in the last year as companies continue to buckle down on costs. Job vacancies have fallen 42.25 per cent in the last year, the most significant drop in any UK sector, according to Adzuna’s latest jobs report. There has been a contraction in retail for [...]

    Whitfield will replace outgoing chair Andy Higginson.
  • Most retailers will hike prices in response to Reeves’ NI Budget raid

    Retail

    Two thirds of CFOs have said their business will be forced to raise prices as a result of higher wage bills, according to a new survey. Around 70 per cent of respondents to the survey, which looked at the attitudes of CFOs at 52 retailers, were “pessimistic” or “very pessimistic” about trading conditions over the [...]

    The City boss backs Chancellor Rachel Reeves' growth agenda, but wants it implemented faster.

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