The number of people in employment fell by 120,000 between March and June 2023 and the Trades Union Congress (TUC) has warned Britain is on the brink of a recession.
UK businesses are optimistic about their ability to push through 2023’s economic challenges and achieve medium-term growth, according to research.
Understanding the line between preparation and scaremongering can be a challenge. The current recession, for example, was discussed long before it arrived, with HR left to figure out when best to...
The average salary for UK professionals on permanent contracts has fallen over the past year, even as vacancies rose in January.
UK employers are looking at a range of cost-cutting measures due to continued economic uncertainty.
The UK economic crisis will see real wages remain below their Q1 2022 level until at least the end of 2027, leading to a long-term increase in poverty, according to research.
Workers and employers in the UK remain cautious as recession and a tightening of the labour market look set to continue in 2023, according to the latest Report on Jobs from the Recruitment and...
The cost of living crisis may force employers into redundancies in 2023, according to research from employment law and HR consultancy firm WorkNest.
With the economic climate shifting business’s priorities, HR budgets are usually first on the chopping block. But there are still ways HR teams can maximise budgets to make the most of what they’ve...
The twists and turns of a recession can be unpredictable, yet with the right preparation it’s another chance for HR to show its colours.
The twists and turns of a recession can be unpredictable, yet with the right preparation it’s another chance for HR to show its colours.
More than half (55%) of HR teams across the UK expect to have their budgets cut in the next few months, according to research from Personio.
