British firms have the weakest hiring outlook since in four years, according to a Bank of England survey. It found companies expect to keep headcounts flat over the next year – the first time since November 2020. Businesses also predict the fastest consumer price inflation since early 2024 of 3.4%…
Meanwhile, official tax data shows employee numbers have been falling for seven straight months thanks to Reeves’ £40 billion tax raid last year. And as tax minister Dan Tomlinson said at Labour Conference, the last budget is a good indicator of the next one…