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jobs market

  • Asda-owned Leon cuts hundreds of jobs as work from home trend bites

    September 17, 2025

    Leon has axed hundreds of jobs as it bemoaned a “challenging” year in which it wrestled with high cost inflation and depressed customer spending. The Asda-owned fast-food chain cut its headcount by 17 per cent, or 224, to 1,120 over the course of 2024, its latest accounts show, as it sought to bear down on [...]

  • Firms continue to shed workers as jobs market deteriorates

    September 16, 2025

    The collapse of the UK jobs market has deepened, according to official data, undermining the Labour government’s goal to boost employment.  Firms continued to shed workers as the number of payrolled employees dropped by 6,000 in July, adding to a collapse of 142,000 over the year. Provisional estimates suggest there was a fall of 8,000 [...]

  • Rachel Reeves’ tax hikes are ‘taking Britain back to 1980s’ as investors turn their backs

    September 15, 2025

    Britain’s jobs market is being hollowed out just like it was in the 1980s thanks in part to Chancellor Rachel Reeves’ tax hikes, the chief executive of recruitment giant Reed has said, as the CBI warns the country is now seen as a less attractive place to invest than five years ago. James Reed said [...]

  • World’s largest ad agency bucks grad hiring slowdown – ‘We have to train the next gen’

    September 11, 2025

    The world’s largest advertising agency is hiring more graduate roles than ever in the face of artificial intelligence’s rise, gearing junior training to be more focused on client management, its UK media boss has said, bucking a global slowdown in junior white-collar employment. Niel Bornman, UK chief executive of Publicis Media, said the proliferation of [...]

  • Brits resort to ‘job-hugging’ as tax hikes bite

    September 9, 2025

    Workers are now resorting to ‘job-hugging’ after last year’s Labour tax raid had a chilling impact on the UK jobs market. The £40bn cash grab, unveiled by Rachel Reeves in last year’s Autumn Budget, has triggered a significant slowdown in hiring and has resulted in substantial job losses nationwide. As a result of these changes, [...]

  • One in ten UK banking jobs at risk from AI

    August 27, 2025

    Bankers across the UK could be on the chopping block as the industry piles billions into AI. The push into the modern tech will put some 27,000 roles at risk – representing ten per cent of the UK banking sector’s workforce.  By 2030, banks across the country will have piled over £1.8bn into generative AI [...]

  • Job postings fall in ‘summer slowdown’

    August 22, 2025

    Fewer jobs postings were made in July in signs that a “summer slowdown” will hit the UK economy and test Chancellor Rachel Reeves’ commitment to get more Brits into work.  Data provided by the Recruitment and Employment Confederation (REC) and analytics company Lightcast has shown that there was a 9.2 per cent decrease in the number [...]

  • Tax hikes and Employment Rights Bill driving firms to contractors

    August 19, 2025

    Business pressures from increased costs are prompting leaders to seek alternatives to stay afloat, including going off-payroll by drafting in contractors.

  • Want a better workforce? Help shape it then

    August 18, 2025

    If employers want young people with future-facing skills, they must become more involved in education, writes Chris Hayward.

  • Employers say university degrees ‘not essential’ in results day boost

    August 14, 2025

    The majority of employers believe university degrees are not essential for success in entry-level roles as A-level students are brimming with confidence despite a tough jobs market, fresh polling has suggested.  In a boost for young people not attending university after results day, a survey by the jobs platform Indeed has suggested that 68 per [...]

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