Over-hiring blamed as UK consultancy job vacancies nosedived last year February 7, 2024 The number of job vacancies at UK consultancies dropped by more than 80 per cent last year, as experts park the blame on firms over-hiring coupled with the drop in demand. According to data from a labour market analytics firm Vacancysoft shared with Bloomberg, McKinsey and Co., Bain & Co., Boston Consulting Group and Accenture [...]
Instead of avoiding the issue, Labour could use immigration to its advantage February 7, 2024 Immigration has divided the Tory party, but Labour will not be able to escape the issue either, writes Jenevieve Treadwell
EY warning: Higher interest rates could cost UK firms £25bn over next three years February 6, 2024 Luke Reeve, partner and head of debt advisory at EY, said the adjustment will be "untenable" for some.
Hopes of lower interest rates fuels optimism in the construction sector February 6, 2024 The sector has been hit hard by rising interest rates, which have sent a chill through the housing market and depressed new construction projects.
Springfield: London-listed property developer inks £15m affordable housing deal February 6, 2024 Scottish housebuilder Springfield has won a £15.3m contract to build affordable housing in the region. In an update this morning, the London-listed firm said it would be working with Highland Housing Alliance to complete the homes. Innes Smith, chief of Springfield Properties, said:“Within the last eight months, we have signed contracts worth circa £40m with [...]
Virgin Money warns of more job cuts to come after dropping 150 staff as it slashes costs February 6, 2024 Virgin Money warned of further cost-cutting and layoffs to come today after slashing its headcount in the first quarter of the year.
Closing time: UK brewers calling last orders with the North and Wales hit hardest February 6, 2024 The number of brewery closures during 2023 continued to fall - with the North and Wales hit the hardest, according to new figures.
Cazoo founder and state-backed investor drive £76m injection into AI fund February 6, 2024 The state-backed investor British Patient Capital and founder of troubled car firm Cazoo have backed a £76m injection into an London-based venture capital firm as it gears up for a spate of AI investment in the coming months.
High-flying lawyers and comms whizzkids: Meet the City types running for Parliament February 6, 2024 Meet the City workers packing it in for a run at election in this year's general election - and they're not all Tories
Brits stayed at home to watch The Traitors during Dry January in blow for pubs February 6, 2024 Restaurants were hit harder with spending declining 11.6 per cent widening from 8.8 per cent on a month on month basis.