Businesses slam brakes on hiring over Burnham uncertainty Economics The UK’s lofty tax bill and concerns surrounding the direction of an Andy Burnham premiership have led to a subdued jobs market, new research suggests, as employers pause hiring whilst they wait for further clarity on the likely incoming Prime Minister’s tax policies. Available jobs in London slumped five per cent in the second quarter [...]
The City should hire on character again Opinion In an AI world, character has never been more important. Employers and jobseekers should bring it to the forefront, writes Georgiana Bristol.
British American Tobacco rolls out plan for thousands of job cuts in AI streamlining Business British American Tobacco is to cut thousands of jobs in the latest sign of artificial intelligence transforming outsourcing initiatives at some of the City’s biggest names. The FTSE 100 firm expects to cut 5,500 jobs by the end of the year, it said in a statement on Monday. Alongside the cuts, 3,500 more jobs will [...]
Services industry falters as activity plummets amid Iran conflict fallout June 8, 2026 The UK’s services sector’s economic activity and performance declined sharply last month as fallout from the Iran conflict continues to impact businesses, according to new figures. According to data on the latest business trends from accountancy and advisory firm BDO, a drop in sales and fragile client confidence led to a drop in the services [...]
One in ten graduates to flee UK’s worst job market in 30 years June 7, 2026 One in ten students due to graduate university this summer do not plan on staying in the UK to find work, according to a new survey from graduate recruitment research firm High Fliers. The survey revealed that out of the 15,000 students surveyed from over 30 universities including Oxford, Cambridge, Edinburgh, and the London School [...]
Defence spending plan delay undermines UK credibility, MPs say June 7, 2026 The delay in publishing Keir Starmer’s long-awaited plan on defence spending has undermined the UK’s credibility and left the country less safe, a parliamentary committee has warned. In a new report critisising the long delay in publishing Starmer’s Defence Investment Plan (DIP), the Public Accounts Committee said this “has undermined the UK government’s credibility with [...]
Moneybox profit slides as wealth manager bets on ‘high levels of automation’ May 27, 2026 Moneybox saw its profit slide by nearly a quarter in the last year as the wealth manager invested “heavily” in new technology and bet on “high levels of automation”. The London-based fintech notched its third consecutive year of profitability but faced a 23 per cent drop in its pre-tax takings at £14.9m by the end [...]
‘Lacking motivation’ – UK employers worry about graduates’ attitude May 8, 2026 Over half of employers are concerned over the professional conduct of graduate hires, according to new research. As many as 52 per cent of companies said they had increased time spent undertaking professional conduct training and supporting employees in the shift from education to employment, according to the Institute of Student Employers (ISE) The Institute, [...]
Airport jobs at risk as Iran conflict hits flights May 3, 2026 Thousands of UK airport jobs are at risk as airlines cut schedules amid disruption linked to the Iran conflict, as the government is urged to support to protect workers. Ground handling firms and unions have warned ministers that the impact on employment could rival, or even exceed, the pandemic, as reduced flight volumes threaten a [...]
Britain is underestimating the power of trade April 16, 2026 New figures show the UK conducts more than £5bn of trade every single day, yet we barely celebrate it, writes Carl Richardson.