The number of EU workers looking for jobs in the UK has plummeted by more than 40% in some member states, according to research by recruitment website, CV-Library. According to the data, searches on the website from users in Belgium, Slovenia and the Netherlands dropped substantially since the UK referendum vote. Belgians looking for work
It is "crunch time" for UK finance firms in Brexit negotiations, an influential lobby group has said. British businesses and the economy as a whole need a transition period as the UK leaves the European Union, The City UK said. Economist and former Brexit campaigner Gerard Lyons also said a transition period would be good for Britain.
The number of people on zero-hours contracts in their main job has fallen slightly, according to the latest official figures. Between April and June 2017, the Office for National Statistics (ONS) said that 883,000 people were on contracts that do not guarantee work. This is 2.2% lower than the figure from the same period in
UK businesses are failing to invest in their workforces and new technology, relying on cheap labour instead, according to a think tank report. As a result, the potential of the bottom 20% of the workforce is being "wasted", the Centre for Social Justice says. It is one cause of the UK's "sluggish" productivity growth, it
Business leaders who employ around one million workers in the UK and EU will sign a letter this weekend, imploring both sides of the Brexit negotiations to get a move on. A draft of the letter, seen by the BBC, urges negotiators to clarify the rights of UK and EU citizens working abroad by October.
Unemployment in the UK fell by 75,000 in the three months to July, official figures show, bringing the jobless rate down to 4.3%. This is a fresh 42-year low, but a squeeze on real incomes continues. Wages in the period were 2.1% higher than a year earlier, little changed from previous months' growth rates. With inflation
Changes to IR35 tax law are causing contract and freelance staff to quit, whilst putting off new hires, delaying “the vast majority” of UK Government IT projects – The Register reports. This is the conclusion that Contractor Calculator drew from their recent survey of IT freelancers. Their results found that almost four in five (79%)
Growth in the UK services sector slowed to its lowest pace in nearly a year last month, according to a survey. The IHS Markit/CIPS purchasing managers' index (PMI) for August dropped to 53.2 from 53.8 in July. A figure above 50 indicates expansion. Rising costs for fuel, staff and imported goods led to companies raising their
Choice and availability of products in the UK is under risk because of Brexit, the British Retail Consortium (BRC) has warned. In a report the BRC said more than three quarters (79%) of UK food is imported from the EU and the introduction of customs controls post Brexit would affect availability, increase waste and push up prices. Some 12%
Companies will have to reveal how much more their chief executives are paid compared with the average employee, under a package of government reforms. Measures aimed at increasing boardroom transparency in publicly listed companies will be unveiled later. Firms who face significant shareholder opposition to executive pay deals will be named and shamed on a