59 h. ago Voices: Recruitment is in a doom loop – there’s only one thing for it, chancellor

As a KPMG study lays bare years of falling job openings, and with unemployment figures expected to rise yet again, Britain’s bosses are stuck in hiring limbo that only Rachel Reeves can get them out of, says James Moore

Politics

8 d. ago Minimum wage news as 'discriminatory' rule could be scrapped

The Low Pay Commission has received new considerations for next year’s national living wage and national minimum wage recommendations

Events

9 d. ago ANGELA RAYNER: 'National Minimum Wage was a lifeline for me and other low

Deputy PM Angela Rayner writes for The Mirror as the Low Pay Commission begins its annual work to consult with employers, trade unions and workers on the National Minimum Wage

Politics

9 d. ago Update issued on major change for people receiving minimum wage

The Government says it is 'delivering on its promise to make sure every worker receives a fair wage.'

Politics

9 d. ago Government asks body to consult on axing ‘discriminatory’ minimum wage age bands

The Low Pay Commission will be required to put forward ‘recommendations on achieving a single adult rate in the years ahead’.

Politics

9 d. ago Listed: Ten most 'AI exposed' jobs AND the roles humans still dominate

The jobs market is already cooling, with companies scaling back on hiring and increasing lay-offs in response to the Chancellor's National Insurance hike and a rise in the minimum wage.

Politics

3 w. ago UK payrolls down by 178,000 over last year; Bundesbank chief defends central bank independence after Trump’s attacks on Powell – business live

UK company payrolls have fallen by 178,000 in last year, pushing unemployment rate to four-year highAnalysis: The rise in unemployment shows the UK jobs market is cooling, but it is not collapsingDeutsche Bank’s chief UK economist Sanjay Raja agrees that the UK’s labour market is continuing to cool, with both payrolls and vacancies down.Raja explains:Redundancies remain elevated with the May data showing a 114k increase in the three months to May – its highest level in three months. Jobs demand remains weak as hiring plans are near a standstill.This will continue to see unemployment rise – but we think this will be a slow grind higher as opposed to a whipsaw higher. For the MPC, despite the bump higher in inflation, the loosening in labour market should give the BoE reason to proceed with a gradual dial down of restrictive policy.The fallout in the labour market from the hikes in National Insurance Contributions and the minimum wage is not as big as previously thought. Even so, as p...

Economics