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Home Business

Uncertainty over UK government’s plans puts brakes on hiring

6 October 2024
in Business
Uncertainty over UK government’s plans puts brakes on hiring
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Roula Khalaf selects top stories in the Unlock the Editor’s Digest newsletter, with UK businesses pausing hiring due to uncertainty over government plans on tax and workers’ rights, as shown in a KPMG and REC report. Recruiters saw a slowdown in job placements and weak salary growth, with businesses awaiting clarity on future policies before expanding their workforce. The government’s Budget decisions and need for a clear industrial strategy are crucial for boosting confidence and addressing falling demand in sectors like retail and construction, as highlighted in the survey.

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Tags: brakesGovernmentsHiringPlansputsUncertainty
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