UK businesses cutting staff at fastest rate since 2021 after budget
Briefly

"The latest snapshot from the purchasing managers' index (PMI) survey... showed employment levels fell in December at the fastest rate since 2009, excluding the period during the coronavirus pandemic."
"Firms are responding to the increase in national insurance contributions and new regulations around staffing with a marked pull-back in hiring... Companies widely commented on growth headwinds from fragile consumer confidence, tighter corporate budgets and cuts to non-essential spending."
Read at www.theguardian.com
[
|
]