Category: JOBS

SummaryOngoing geopolitical uncertainty – both at home and overseas – continued to shape hiring trends across the UK in June, according to the latest KPMG and REC, UK Report on Jobs data, which are compiled by S&P Global. Notably, subdued business confidence drove a preference for short-term staff, with temp billings rising at the steepest rate in over three years. However, permanent staff appointments continued to decline, albeit at a much slower pace than in May.Overall demand for staff weakened at a quicker rate, largely reflecting a steeper reduction in permanent job vacancies. At the same time, redundancies were widely cited again in June, which contributed to a further marked increase in candidate availability. Despite this, pay trends improved, with employers raising starting salaries and wages at quicker rates as they sought to attract and secure candidates with sought-after skills.The report is compiled by S&P Global from responses to questionnaires sent to a panel of around 400 UK recruitment and...

People wishing to gain and then use any remaining loyalty card points at Beefeaters have only days to do so as the initial deadline for the offer is next Monday, August 24. A spokesperson said: "All points must be collected (or receipt details added) by Monday 24 August 2026 and then converted into your points-based vouchers and used by Monday 31 August 2026." READ MORE: Over 3,500 jobs lost as UK restaurant chains list properties With a loyalty card, customers could collect 5 points for every £1 spent and once 500 points have been earned, they would be able to claim either a £5 voucher, a free bottle of wine or 2 free starters or desserts. This comes as the chain is set to close next month following an announcement earlier this year by owner Whitbread. The Applecart Beefeater at the Oxford South Milton Interchange (Image: Christie Owen & Davies Ltd) The company said...

British Pound Steady As MUFG Sees BoE On Hold; CPI And Jobs Data In Focus Skip to content Home Forex News British Pound Steady as MUFG Sees BoE on Hold; CPI and Jobs Data in Focus Source link...

UK unemployment held at 4.9% as payrolled jobs fell by 13,000 in June and another 13,000 in July, job vacancies dropped to 707,000 and 1.012 million young people were counted outside work, education or training. This deterioration is a downside risk for crypto adoption and retail demand, likely pressuring fundraising, token launches and CEX/DEX activity as consumers tighten spending, though it could modestly increase interest in DeFi or crypto-based gig income over the longer term.Bearish Source link...

Susannah Streeter, chief investment strategist at Wealth Club, looks at a firmer start for the FTSE 100 as higher metals prices support mining stocks, while investors weigh weaker UK hiring, Middle East tensions and the outlook for interest rates. Susannah Streeter, Chief Investment Strategist, Wealth Club “The Footsie is set to start the week on the front foot with a rise in metals prices lifting mining stocks. Investors are largely shrugging off the consequences of a renewed surge in hostilities in the Middle East and are instead focusing on hopes the Fed will keep interest rates on hold for longer. The dollar has slipped back against a basket of currencies, which have helped give a leg up to metals given they are priced in the currency. The commodity boost is giving the FTSE 100 some useful momentum, even as investors keep their eyes on the inflationary risks from the Middle East crisis. Copper prices in particular are rising higher on expectations of constrained...

There is a mixture of roles available, some self-employed and some owner-driverEvri said it had 10,000 roles in total(Image: Evri)Parcel delivery company Evri Group has today announced plans to recruit more than 10,000 people across the UK, as it prepares for its busiest period of the year and "responds to growing parcel demand". The delivery company, which said it now handlesdmore than one billion parcels a year, is embarking on "a major recruitment drive to support its expanding delivery network, as it targets further growth in the years ahead".It said the majority of the roles were within Evri's courier network, where more than 7,000 self-employed positions are available, with opportunities enabling people to deliver parcels in their local communities, following flexible working patterns and the ability to build delivery rounds close to home.A further 2,000 owner-driver positions are also available within Evri Premium – A Network of DHL, the group's premium delivery network.In what it said was a first for...

Cooling UK Jobs Market Eases Case For Further Rate Hikes Skip to content Home Forex News Cooling UK Jobs Market Eases Case for Further Rate Hikes Source link...

Derek Halpenny at MUFG notes that UK July CPI came in broadly as expected, with the headline rate rising to 2.9% mainly on higher utility bills, while services inflation eased. Combined with labour data showing modest wage growth and weak employment demand, he argues the Bank of England is likely to stay divided, with future moves hinging on Middle East-driven energy prices.UK inflation, labour and BoE risks"The July CPI data has just been released in the UK and was widely as expected, with the annual rate accelerating from 2.6% to 2.9% largely due to the rise of utility bills reflecting the 13% increase in the OFGEM price cap due to rising energy prices.""The good news was that services prices fell as expected from 3.6% to 3.4% which paints a favourable picture of domestically generated inflation. The headline increase of 2.9% is a little higher than the 2.8% expected from the BoE but that’s close enough to view this data as...

People wishing to gain and then use any remaining loyalty card points at Beefeaters have only days to do so as the initial deadline for the offer is next Monday, August 24. A spokesperson said: "All points must be collected (or receipt details added) by Monday 24 August 2026 and then converted into your points-based vouchers and used by Monday 31 August 2026." READ MORE: Over 3,500 jobs lost as UK restaurant chains list properties With a loyalty card, customers could collect 5 points for every £1 spent and once 500 points have been earned, they would be able to claim either a £5 voucher, a free bottle of wine or 2 free starters or desserts. This comes as the chain is set to close next month following an announcement earlier this year by owner Whitbread. The Applecart Beefeater at the Oxford South Milton Interchange (Image: Christie Owen & Davies Ltd) The company said...

Haley Schlicht From Silicon Valley executives promising to automate white-collar work to headlines claiming AI is foreclosing the graduate entry market, the strained ‘low fire, low hire’ environment has increasingly been ascribed to technological transformation. UK vacancies nearly halved since their 2022 peak – a contraction so sustained it has reshaped the British hiring market for the better part of three years. This post examines how evidence of AI-driven transformation at the hiring margin is proving considerably more tenuous than the headlines suggest. Brynjolfsson et al (2025) at Stanford University champion vacancy compression in AI-exposed occupations as a canary, the labour market’s early warning system and a leading indicator of technological displacement in adolescence. Lambert and Schindler (2026) counter with a discomfiting reframe. Rather than AI, the hiring market is shifting due to the structural upheaval that remote working visited upon firms’ internal labour dynamics, breaking the lower rungs of the career ladder. The UK makes for an exigent test case. The vacancy...