#uk-labor-market tag

1 in 5 Brits think AI layoffs could trigger civil unrest

Many UK workers and students fear AI will rapidly eliminate jobs, worsen graduate prospects, and trigger unrest, while employers already reduce hiring or cut roles.

London startup

Standard Chartered to swap 7,800 back-office jobs for AI as UK labour market wobbles

Standard Chartered plans to cut nearly 7,800 back-office roles by 2030 while shifting corporate functions toward AI and automation to raise income per employee.

UK jobless rate climbs to 5% as Iran war and Hormuz shock chill hiring

Unemployment rose to 5% and payrolls fell by 100,000 in April as high interest rates and the Iran war disrupted hiring and investment.

fromwww.bbc.com

Job vacancies fall to lowest level in five years

UK job vacancies hit a five-year low, unemployment rose to 5%, and earnings growth slowed, indicating a soft labour market.

fromwww.independent.co.uk

fromwww.theguardian.com

1 month ago

UK jobs market was in a fragile state even before Iran war threatened recovery

The UK labor market shows signs of fragility despite a drop in the unemployment rate.

Public health

fromwww.theguardian.com

2 months ago

Sharp rise in young Britons saying ill health is reason they are jobless, study finds

UK youth unemployment has surged with 70% more 16-24 year-olds citing health problems as barriers to work, reaching nearly one million NEETs, prompting government employment initiatives including hiring grants and apprenticeship incentives.

US politics

3 months ago

Number of workers on zero-hour contracts reaches record high before Labour crackdown

A record 1.23 million UK workers are on zero-hours contracts, with numbers rising 91,000 in the past year, predominantly affecting young workers aged 16-24, prompting Labour's Employment Rights Bill reforms taking effect in 2027.

Women

fromLondon Business News | Londonlovesbusiness.com

8 months ago

UK women risk losing 93,000 in lifetime earnings due to gender pay gap

Gender pay gap causes UK women to lose over £93,000 in earnings across a 40-year career, reducing pensions, savings, and long-term financial security.

8 months ago

As Trump visits UK sterling jumps to two month high - London Business News | Londonlovesbusiness.com

Donald Trump has called for US companies to abandon quarterly reporting, shift to a semi-annual model. Having to cover this stuff, I can say that's something I and many like me could get behind. On a more serious note, the idea has plenty of merit - for instance it could foster a change where management focus all their efforts not on the next quarterly target, instead taking a more measured, long-term view.

US politics

fromLondon Business News | Londonlovesbusiness.com

10 months ago

One in six UK workers struggling to pay bills as second jobs hit record high

One in six UK workers struggle to pay bills at month-end, highlighting ongoing financial stress despite inflation easing.

11 months ago

Retail jobs 'continue to fall' at an alarming rate - London Business News | Londonlovesbusiness.com

Helen Dickinson, Chief Executive at the British Retail Consortium, said, "Retail jobs have continued to fall, with 364,000 fewer jobs than ten years ago... This wave of retail jobs losses appears to go unnoticed by government."

UK politics