UK

UK companies keep shedding staff as pay growth slows – business live

Rolling coverage of the latest economic and financial newsThe estimated number of vacancies in the UK decreased in the latest quarter.The ONS esimates that in June to August there was a decrease of 8,000 (1.1%) to 702,000, compared with March to May 2026.“Vacancies remain at their lowest level outside the pandemic period for more than a decade, with smaller businesses continuing to report that increased labour costs are affecting hiring decisions.”The estimated number of workforce jobs in the UK was…

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Source: www.theguardian.com

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