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      UK labour market weakens as hiring and pay growth cools

      New job postings were also considerably lower on the year, with an 11 per cent decline across the country highlighting bosses’ fears of extra taxes and red tape hitting businesses.

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By: Stefan Boscia

Stefan Boscia is City A.M.'s political correspondent.

All 3064 Articles
  • Badenoch to host trade forum with South African President Ramaphosa

    November 23, 2022

    Kemi Badenoch will host a roundtable forum with South African President Cyril Ramaphosa today, with the trade secretary looking to boost exports to the continent. Badenoch said this morning that a “UK-South Africa Investment Taskforce” was looking to break down trade barriers with the Commonwealth nation, however there are no current plans to extend the trade deal [...]

  • Sturgeon ‘accepts’ court decision to block Scottish independence referendum

    November 23, 2022

    Nicola Sturgeon has said she “accepts” today’s decision from the Supreme Court to block another independence referendum without Westminster’s consent, but that “democracy won’t be denied”. The Scottish First Minister said the decision only “blocks one route to Scotland’s voice being heard on independence” and that the next General Election, due by the start of [...]

  • Starmer: Labour has no interest in a Swiss-style Brexit deal

    November 22, 2022

    A future Labour government would not pursue a “Swiss-style” Brexit arrangement to bring the UK closer to the EU, Sir Keir Starmer has said. The opposition leader, writing in City A.M., said a new Brexit deal to increase regulatory alignment with Brussels will “not be the fix some imagine”. The government has been forced this [...]

  • South Africa President urges UK to give climate reparations to poor nations during London visit

    November 22, 2022

    South Africa President Cyril Ramaphosa has called on the UK to give climate reparations to “low and medium income countries” during his state visit to the UK – the first under the reign of King Charles III. Ramaphosa told a joint sitting of parliament today that countries like South Africa should receive funding from rich [...]

  • Starmer: I can’t do some ‘good Labour things’ for the sake of ‘sound money’

    November 22, 2022

    Sir Keir Starmer has said his party won’t be able to do some “good Labour things” as quickly as he would like if it wins government as he will need to promote “sound money in our public finances”. Starmer told the Confederation of British Industry’s (CBI) annual conference that Labour under his leadership had become [...]

  • Starmer: UK must be weaned off its ‘immigration dependency’

    November 21, 2022

    The UK can no longer rely on “low pay and cheap labour” to spur economic growth and must be weaned off its “immigration dependency”, Labour leader Sir Keir Starmer will say tomorrow. Starmer will tell the Confederation of British Industry’s (CBI) annual conference that a Labour government will “start investing more in training up workers [...]

  • Sunak slaps down idea of Swiss-style Brexit deal to bring UK closer to EU

    November 21, 2022

    Rishi Sunak will not pursue a post-Brexit “Swiss-style” deal to bring the UK closer to the EU, the Prime Minister has said today. Sunak said he was “unequivocal on this” and that “under my leadership, the United Kingdom will not pursue any relationship with Europe that relies on alignment with EU laws”. The Sunday Times [...]

  • UK ‘can’t afford’ another decade of lost growth, CBI warn

    November 21, 2022

    The UK “can’t afford a repeat” of its severe economic underperformance since the 2008 financial crisis, the chief of the country’s top business group will warn chancellor Jeremy Hunt today. Responding to last week’s autumn statement, Tony Danker, director general of the Confederation of British Industry (CBI), will slam the chancellor for failing to roll [...]

  • Zahawi says government still wants pre-election tax cuts

    November 20, 2022

    The government still wants to cut taxes before the next General Election, Tory party chair Nadhim Zahawi has said. Zahawi said Jeremy Hunt “wouldn’t have a hope in hell” of cutting taxes before inflation dramatically reduces, but that the chancellor’s priority is to slash the tax burden once it has. Hunt moved to hike taxes [...]

  • Starmer vows to abolish House of Lords if Labour wins election

    November 20, 2022

    The House of Lords will be abolished and replaced with an elected upper chamber if Labour wins the next election, Sir Keir Starmer has announced. Starmer told Labour’s peers this week that the UK’s political system had been undermined by recent Prime Ministers appointing “lackeys and donors” to the House of Lords. Politicians will be [...]

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Trending Articles

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