Economy

  • 44% of UK SMEs say National Insurance increase in Budget will negatively affect them

    44% of UK SMEs say National Insurance increase in Budget will negatively affect them

    44% of UK SMEs say the increase in employer national insurance contributions (NICs) in the Autumn Budget will negatively impact them, shows the new Owner Managed Business Survey by Moore UK*, the leading accountancy network.

  • Uncertain outlook for UK labour market in 2025 following budget's policy changes

    Uncertain outlook for UK labour market in 2025 following budget's policy changes

    The UK economy performed better than expected this year, with growth set to quicken in 2025.

  • Ban on zero-hour contracts for agency staff ‘unworkable’, say UK recruiters

    Ban on zero-hour contracts for agency staff ‘unworkable’, say UK recruiters

    With regards to today’s media headlines about the ban on zero hours for agency workers, the industry argues reforms would undermine the jobs market in a letter to the business secretary.

  • Business confidence in hiring grew in run up to Budget, as view on economy also improved – REC

    Business confidence in hiring grew in run up to Budget, as view on economy also improved – REC

    The Recruitment & Employment Confederation’s (REC) latest JobsOutlook shows building momentum – including notable strength in London, the bellwether of the UK labour market.

  • UK SMEs Brace for £138,000 Average Revenue Loss in 2025

    UK SMEs Brace for £138,000 Average Revenue Loss in 2025

    UK businesses are bracing for significant challenges following Labour’s Autumn Budget, with anticipated average losses of £138,000 in 2025 and a quarter of businesses (25%) expecting losses to exceed £100,000 according to new research from leading freelancer platform Fiverr (NYSE:FVRR). 

  • REC: ‘Plans to ban agency workers would save pennies in the short term but would lead to an overall cost increase in staffing the NHS in the long run’

    REC: ‘Plans to ban agency workers would save pennies in the short term but would lead to an overall cost increase in staffing the NHS in the long run’

    The Recruitment and Employment Confederation (REC) has written to the Health and Social Care Secretary Wes Streeting to seek urgent reassurance about the future of agency workers in the NHS given their vital contribution to patient care.

  • Public sector gets a boost as employment intentions bounce back and pay plans overtake the private sector

    Public sector gets a boost as employment intentions bounce back and pay plans overtake the private sector

    Private sector pay intentions plateau and are likely to face downward pressure as tax hikes in the Budget stand to dampen business confidence, CIPD warns

  • UK Professionals remain divided on Hunt’s budget positively impacting the UK job market

    But there’s overwhelming support for energy price guarantee and childcare changes

  • Despite looming recession, two-thirds of businesses are eager to continue recruitment drive, reveals XpertHR

    In its latest recruitment trends survey, XpertHR® reveals two thirds of organisations intend to increase the number of permanent employees in 2022.

  • Optimism for UK jobs market

    Joanne Frew, Head of employment law at DWF, comments on the ONS labour market figure published today. She said:

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