Category: JOBS

The number of payrolled employees in the UK dropped by 13 thousand to 30.3 million in July 2026, following a revised decline of 13 thousand in June.Compared with a year earlier, employment fell by 0.3%, or 94 thousand.The wholesale and retail sector recorded the biggest annual decline in payroll employment, shedding 75,000 jobs, whereas the administrative and support services sector recorded the largest increase, adding 63,000 employees.Across NUTS3 regions, Camden and City of London experienced a decrease of 1.8% in payrolled employees, while Mid Ulster recorded a 1.5% increase.Meanwhile, median monthly pay rose by 4.2% year-on-year to £2,642, easing slightly from a 4.3% increase in June.Growth in median pay was highest in the health and social work sector (+5.3%) and lowest in the education sector (+3.3%). Source link...

Nearly 5,000 jobs were lost last year as part of cost-cutting efforts at one of the UK's largest supermarket chains.Morrisons, headquartered in Bradford, reported the reductions in its latest financial accounts, which show that its average monthly workforce fell from 101,144 to 96,232 in the year to October last year.This marks a loss of 4,912 jobs across the business.The job losses included more than 4,200 store positions, with additional cuts in food manufacturing and distribution.Nearly 5,000 jobs were lost at Morrisons last yearA spokesman for Morrisons said: "Colleague numbers in the year ending October 2025 primarily reflect the impact of the closure of the newspaper home delivery service in convenience, the restructuring of the retail people team and the downsizing of the Rathbones bakery business."There was no additional redundancy programme in stores, where numbers were only reduced by not replacing those who had chosen to leave."The cuts come as the company continues a turnaround plan under chief executive Rami Baitieh,...

Most British businesses say artificial intelligence (AI) has created new roles, according to a survey that suggests firms are moving beyond experimentation and starting to reshape hiring around the technology.The Lloyds Business Barometer found a quarter of UK employers are increasingly hiring candidates with AI skills, while a fifth are creating new AI-specific roles. More broadly, 54% said the technology led to job creation.Amanda Murphy, CEO of business and commercial banking at Lloyds, said firms have to shift their focus from accessing AI to "building the skills, culture and confidence to use it effectively.”The findings underscore a shift that promises gains for firms that use AI and disruptions for workers across swathes of the labour market. The survey polled 1,200 companies in July.Online job postings point to AI creating a two-speed economy, with firms hiring senior workers who have AI skills while cutting back elsewhere as high employment costs continue to bite.Hiring for AI-exposed positions like software developers or consultants...

Key Highlights GBP/USD started a decent increase and climbed above 1.3520. A bullish trend line is forming with support near 1.3510 on the 4-hour chart. Bitcoin could continue to face heavy resistance near $64,650 and $65,500. EUR/USD gained traction and cleared the 1.1580 resistance. GBP/USD Technical Analysis The British Pound found support near 1.3440 against the US Dollar. GBP/USD started another increase above the 1.3500 resistance zone. Looking at the 4-hour chart, the pair settled above 1.3520, the 100 simple moving average (red, 4-hour), and the 200 simple moving average (green, 4-hour). The pair even attempted to settle above the 1.3565 resistance zone. On the upside, the pair is now facing a major hurdle at 1.3580. The next major resistance might be 1.3620. A close above 1.3620 could start another steady increase. In the stated case, the bulls could aim for a move to 1.3700. Any further gains might open the door for a test of 1.3750. If there is a fresh decline, the pair might find bids near...

Across UK businesses, artificial intelligence adoption is beginning to generate not just headcount reductions but new roles and demand for talent. According to Lloyds Bank's monthly "Business Barometer" survey released on the 18th, 54% of UK companies said AI has created new jobs at their organizations. Twenty-one percent have established AI-specialist positions, and 24% now weigh AI skills in hiring decisions. The survey was conducted in July among 1,200 UK companies. The findings suggest corporate perceptions of AI's employment impact are shifting from "substitution" to "creation." Talent acquisition and development emerge as new challenges A closer look at the results shows 31% of companies said their employees lack the AI skills they need, while 54% said they have the necessary capabilities. Differences by company size are pronounced: among firms with revenue exceeding £10 million (approximately $13.6 million), two-thirds said existing staff have sufficient AI skills, compared with just over half across the UK overall. Appetite for investment in workforce development is also rising. Fifty-eight...

UK's retail leaders are urging the government to keep employment reforms proportionate so that retailers can continue offering Saturday jobs and other flexible entry-level roles for young people.New Opinium polling commissioned by the British Retail Consortium (BRC) found that four in five UK adults, or 80 per cent, believe part-time work, including the traditional Saturday job, is important in helping young people into employment. Support rises to 91 per cent amongst people aged 55 and over, underlining the value many place on these jobs as a first step into work.Opinium polling for the BRC says 80 per cent of UK adults see part-time work, including Saturday jobs, as important for young people's route into employment. Retail and its supply chain account for 23 per cent of youth employment, with around 780,000 jobs held by 16 to 25-year-olds. The BRC wants proportionate Guaranteed Hours reforms, a higher NICs threshold and the 18-20 wage rate retained.Helen Dickinson, chief executive of the British Retail Consortium...

Techloy has partnered with Your Diaspora Hub (YDH) to help tech professionals navigate the realities of building a career in the UK, from finding opportunities and understanding the job market to figuring out what comes after the move. For someone considering a career in the UK, getting a job is only part of the story. There are visas to understand, unfamiliar systems to figure out, questions about where to live and how to settle in, and the challenge of making an existing career translate to a new market. That's where this partnership comes in. Your Diaspora Hub (YDH) helps migrants and diaspora professionals navigate life and opportunities in the UK across six areas: visas, housing, healthcare, employment, banking and community, while Techloy brings its community of tech professionals and its focus on the people, products and opportunities shaping the industry. Together, the two organisations will publish a series of articles and newsletters over the coming weeks on what it takes to build a career in the...

ARTIFICIAL intelligence (AI) is beginning to reshape hiring across Britain, with more than half of businesses surveyed saying the technology has created jobs, even as firms cut back in some AI-exposed roles. ...

The GBP/USD pair gains momentum to around 1.3550 during the early Asian trading hours on Tuesday. The US Dollar (USD) softens against the British Pound (GBP) as cooler US inflation data have prompted traders to reduce bets on a US Federal Reserve (Fed) rate hike. The UK employment report will be in the spotlight later on Tuesday.The weak US Retail Sales, along with softer-than-expected Consumer Price Index (CPI) and Producer Price Index (PPI) inflation data last week, have tempered expectations that the US central bank will raise rates at its September 15-16 policy meeting. Traders are now pricing in just a 35% probability of a September hike, alongside a 69% odds of a rate increase by December, according to the CME FedWatch tool. Bank of England (BoE) Chief Economist Huw Pill said last week ‌that stronger-than-expected UK economic growth readings reinforced the case for higher borrowing costs to bring inflation back to target.Financial markets have priced in at least one interest...

Over 70% of large businesses surveyed said they plan to step up AI investment to boost productivityPublished Tue, Aug 18, 2026 · 08:18 AMMOST British businesses say artificial intelligence has created new roles, according to a survey that suggests firms are moving beyond experimentation and starting to reshape hiring around the technology.The Lloyds Business Barometer found a quarter of UK employers are increasingly hiring candidates with AI skills, while a fifth are creating new AI-specific roles. More broadly, 54 per cent said the technology led to job creation.Amanda Murphy, CEO of business and commercial banking at Lloyds, said firms have to shift their focus from accessing AI to “building the skills, culture and confidence to use it effectively.”The findings underscore a shift that promises gains for firms that use AI and disruptions for workers across swathes of the labour market. The survey polled 1,200 companies in July.Online job postings point to AI creating a two-speed economy, with firms hiring senior...