FabSwingers.com mobile

Already registered?
Login here

Back to forum list
Back to Politics

UK firms slash jobs as stagflation fears grow

Jump to newest
 

By *0shadesOfFilth OP   Man
24 hours ago

nearby

UK companies are cutting jobs at the fastest rate since the first year of the Covid-19 pandemic, as the economy continues to stall

The latest poll of purchasing managers at British firms has found that staffing numbers are falling again this month, which it blames on “higher payroll costs and weak demand”.

Data provider S&P Global reports that the fall in staffing this month is the sharpest since November 2020, with some companies blaming policies announced in last autumn’s budget (such as the increase in employers’ national insurance contributions from April).

Companies say that new business fell so far this month, at the fastest rate in one and-a-half years.

Business confidence index, business lending, business investment have all fallen. Car sales and housing starts down. Retail and online sales both down.

Full impact of budget yet to come.

Will Labour turn it around.

Reply privatelyReply in forumReply +quote
 

By *uffleskloofMan
24 hours ago

Walsall


"UK companies are cutting jobs at the fastest rate since the first year of the Covid-19 pandemic, as the economy continues to stall

The latest poll of purchasing managers at British firms has found that staffing numbers are falling again this month, which it blames on “higher payroll costs and weak demand”.

Data provider S&P Global reports that the fall in staffing this month is the sharpest since November 2020, with some companies blaming policies announced in last autumn’s budget (such as the increase in employers’ national insurance contributions from April).

Companies say that new business fell so far this month, at the fastest rate in one and-a-half years.

Business confidence index, business lending, business investment have all fallen. Car sales and housing starts down. Retail and online sales both down.

Full impact of budget yet to come.

Will Labour turn it around.

"

No.

Reply privatelyReply in forumReply +quote
 

By *eoBloomsMan
24 hours ago

Springfield

Budget surplus announced, 5bn less than forecast by always useless OBR. Tax rises inevitable next budget.

Reply privatelyReply in forumReply +quote
 

By *eroy1000Man
16 hours ago

milton keynes


"Budget surplus announced, 5bn less than forecast by always useless OBR. Tax rises inevitable next budget."

But didn't they promise to not increase taxes on working people? If it does continue to go downwards Labour will have to either break that pledge or the borrowing pledge.

Reply privatelyReply in forumReply +quote
 

By *eoBloomsMan
16 hours ago

Springfield


"Budget surplus announced, 5bn less than forecast by always useless OBR. Tax rises inevitable next budget.

But didn't they promise to not increase taxes on working people? If it does continue to go downwards Labour will have to either break that pledge or the borrowing pledge. "

Fuel duty bound to be hammered in budget. Bad luck to all those working drivers.

Reply privatelyReply in forumReply +quote
 

By *ove2pleaseseukMan
9 hours ago

Hastings


"Budget surplus announced, 5bn less than forecast by always useless OBR. Tax rises inevitable next budget.

But didn't they promise to not increase taxes on working people? If it does continue to go downwards Labour will have to either break that pledge or the borrowing pledge.

Fuel duty bound to be hammered in budget. Bad luck to all those working drivers."

More jobs at risk if fuel goes up.

And more expensive to get to work.

And Alcohol.

More pubs shut more jobs gone.

Reply privatelyReply in forumReply +quote
 

By *pudup15Man
8 hours ago

Bedford

Nope, they've focused their strategy on a blackhole. Most people are thinkng that's not my fault, it's not the motivating factor Labour thought it would be.

They should have taken a more positive tack, and instead of punishing people for not supporting them, they should have praised them for their hardwork and be pro active by helping them.

Reply privatelyReply in forumReply +quote
 

By *ove2pleaseseukMan
1 hour ago

Hastings


"Nope, they've focused their strategy on a blackhole. Most people are thinkng that's not my fault, it's not the motivating factor Labour thought it would be.

They should have taken a more positive tack, and instead of punishing people for not supporting them, they should have praised them for their hardwork and be pro active by helping them."

So basically more support for Buiness and posably should have been a smaller rise in minimum wage and benefits.

Reply privatelyReply in forumReply +quote
 

By *hrill CollinsMan
50 minutes ago

The Outer Rim

The number of new job postings in the UK rose by 34.4% in January 2025 when compared to December 2024, according to the latest Recruitment and Employment Confederation (REC)/ Lightcast monthly Labour Market Tracker.

It is no surprise to see January’s job postings well ahead of December’s but the 34.4% increase compares favorably to the 27.9% increase in new postings from December 2023 to January 2024.

Meanwhile, the number of overall active job postings in January 2025 was 1,516,535, an increase of 7.2% on the number of job postings in December 2024. This marks the first time that job postings have risen since June 2024.

Every region in the UK saw a rise in active job postings, the largest rise was in the East Midlands (11.7%) and the smallest was in London (3.4%).

Reply privatelyReply in forumReply +quote
 

By *eoBloomsMan
48 minutes ago

Springfield


"The number of new job postings in the UK rose by 34.4% in January 2025 when compared to December 2024, according to the latest Recruitment and Employment Confederation (REC)/ Lightcast monthly Labour Market Tracker.

It is no surprise to see January’s job postings well ahead of December’s but the 34.4% increase compares favorably to the 27.9% increase in new postings from December 2023 to January 2024.

Meanwhile, the number of overall active job postings in January 2025 was 1,516,535, an increase of 7.2% on the number of job postings in December 2024. This marks the first time that job postings have risen since June 2024.

Every region in the UK saw a rise in active job postings, the largest rise was in the East Midlands (11.7%) and the smallest was in London (3.4%)."

Great copy and paste 👍 🤭

Reply privatelyReply in forumReply +quote
 

By *hrill CollinsMan
43 minutes ago

The Outer Rim


"

Great copy and paste 👍 🤭"

glad you liked it.

here's some more facts ....

The January 2025 figures show employers coming back to the job market as the new year begins, despite economic challenges, and indicates optimism in some sectors.

REC Deputy Chief Executive Kate Shoesmith said in a press release, “While there are tough conversations going on in boardrooms across the country, today’s report suggests it is too soon for gloom about the UK economy’s prospects overall for 2025. The increase in job postings is a clear sign that employers will hire when they need to. A 34.4% increase in new jobs signals a solid rebound in demand, showing that businesses remain resilient, despite both domestic and international headwinds.”

The Labour Market Tracker shows an increase in job postings this month for stonemasons and related trades (47.9%), gardeners and landscape gardeners (45.3%) and travel agents (43.0%).

Delivery staff saw the largest decrease in the number of job postings in January 2025. The Tracker said this aligns with reasonable estimates, as the demand for parcel delivery declines post-Christmas. The sharpest declines were found in: roundspersons and van salespersons - who deliver and sell goods - (-30.4%); postal workers, mail sorters, messengers and couriers (-47.4%); and delivery drivers and couriers (-73.4%).

The IT sector had a 1.3% increase in the number of job postings from December 2024 to January 2025.

Within construction, there were over 100,000 job postings in construction in January 2025. This is a 13.2% increase from December 2024.

In the retail sector, January 2025 figures showed there were over 160,000 job posts in the retail sector. This is an increase of 3.9% as compared to December 2024.

Shoesmith said, “The government’s increased focus on economic growth is encouraging."

Reply privatelyReply in forumReply +quote
 

By *eoBloomsMan
41 minutes ago

Springfield


"

Great copy and paste 👍 🤭

glad you liked it.

here's some more facts ....

The January 2025 figures show employers coming back to the job market as the new year begins, despite economic challenges, and indicates optimism in some sectors.

REC Deputy Chief Executive Kate Shoesmith said in a press release, “While there are tough conversations going on in boardrooms across the country, today’s report suggests it is too soon for gloom about the UK economy’s prospects overall for 2025. The increase in job postings is a clear sign that employers will hire when they need to. A 34.4% increase in new jobs signals a solid rebound in demand, showing that businesses remain resilient, despite both domestic and international headwinds.”

The Labour Market Tracker shows an increase in job postings this month for stonemasons and related trades (47.9%), gardeners and landscape gardeners (45.3%) and travel agents (43.0%).

Delivery staff saw the largest decrease in the number of job postings in January 2025. The Tracker said this aligns with reasonable estimates, as the demand for parcel delivery declines post-Christmas. The sharpest declines were found in: roundspersons and van salespersons - who deliver and sell goods - (-30.4%); postal workers, mail sorters, messengers and couriers (-47.4%); and delivery drivers and couriers (-73.4%).

The IT sector had a 1.3% increase in the number of job postings from December 2024 to January 2025.

Within construction, there were over 100,000 job postings in construction in January 2025. This is a 13.2% increase from December 2024.

In the retail sector, January 2025 figures showed there were over 160,000 job posts in the retail sector. This is an increase of 3.9% as compared to December 2024.

Shoesmith said, “The government’s increased focus on economic growth is encouraging."

"

Wonderful stuff. I did think for a moment you'd discovered capital letters ! 😂

Reply privatelyReply in forumReply +quote
 

By *hrill CollinsMan
40 minutes ago

The Outer Rim


"

Great copy and paste 👍 🤭

glad you liked it.

here's some more facts ....

The January 2025 figures show employers coming back to the job market as the new year begins, despite economic challenges, and indicates optimism in some sectors.

REC Deputy Chief Executive Kate Shoesmith said in a press release, “While there are tough conversations going on in boardrooms across the country, today’s report suggests it is too soon for gloom about the UK economy’s prospects overall for 2025. The increase in job postings is a clear sign that employers will hire when they need to. A 34.4% increase in new jobs signals a solid rebound in demand, showing that businesses remain resilient, despite both domestic and international headwinds.”

The Labour Market Tracker shows an increase in job postings this month for stonemasons and related trades (47.9%), gardeners and landscape gardeners (45.3%) and travel agents (43.0%).

Delivery staff saw the largest decrease in the number of job postings in January 2025. The Tracker said this aligns with reasonable estimates, as the demand for parcel delivery declines post-Christmas. The sharpest declines were found in: roundspersons and van salespersons - who deliver and sell goods - (-30.4%); postal workers, mail sorters, messengers and couriers (-47.4%); and delivery drivers and couriers (-73.4%).

The IT sector had a 1.3% increase in the number of job postings from December 2024 to January 2025.

Within construction, there were over 100,000 job postings in construction in January 2025. This is a 13.2% increase from December 2024.

In the retail sector, January 2025 figures showed there were over 160,000 job posts in the retail sector. This is an increase of 3.9% as compared to December 2024.

Shoesmith said, “The government’s increased focus on economic growth is encouraging."

Wonderful stuff. I did think for a moment you'd discovered capital letters ! 😂"

fuck capital letters ... they're for arseholes and wankers

Reply privatelyReply in forumReply +quote
 

By *eoBloomsMan
39 minutes ago

Springfield


"

Great copy and paste 👍 🤭

glad you liked it.

here's some more facts ....

The January 2025 figures show employers coming back to the job market as the new year begins, despite economic challenges, and indicates optimism in some sectors.

REC Deputy Chief Executive Kate Shoesmith said in a press release, “While there are tough conversations going on in boardrooms across the country, today’s report suggests it is too soon for gloom about the UK economy’s prospects overall for 2025. The increase in job postings is a clear sign that employers will hire when they need to. A 34.4% increase in new jobs signals a solid rebound in demand, showing that businesses remain resilient, despite both domestic and international headwinds.”

The Labour Market Tracker shows an increase in job postings this month for stonemasons and related trades (47.9%), gardeners and landscape gardeners (45.3%) and travel agents (43.0%).

Delivery staff saw the largest decrease in the number of job postings in January 2025. The Tracker said this aligns with reasonable estimates, as the demand for parcel delivery declines post-Christmas. The sharpest declines were found in: roundspersons and van salespersons - who deliver and sell goods - (-30.4%); postal workers, mail sorters, messengers and couriers (-47.4%); and delivery drivers and couriers (-73.4%).

The IT sector had a 1.3% increase in the number of job postings from December 2024 to January 2025.

Within construction, there were over 100,000 job postings in construction in January 2025. This is a 13.2% increase from December 2024.

In the retail sector, January 2025 figures showed there were over 160,000 job posts in the retail sector. This is an increase of 3.9% as compared to December 2024.

Shoesmith said, “The government’s increased focus on economic growth is encouraging."

Wonderful stuff. I did think for a moment you'd discovered capital letters ! 😂

fuck capital letters ... they're for arseholes and wankers "

yes punctuation and spelling two

Reply privatelyReply in forumReply +quote
 

By *hrill CollinsMan
29 minutes ago

The Outer Rim


"

yes punctuation and spelling two "

Reply privatelyReply in forumReply +quote
 
 

By *otMe66Man
2 minutes ago

Terra Firma


"The number of new job postings in the UK rose by 34.4% in January 2025 when compared to December 2024, according to the latest Recruitment and Employment Confederation (REC)/ Lightcast monthly Labour Market Tracker.

It is no surprise to see January’s job postings well ahead of December’s but the 34.4% increase compares favorably to the 27.9% increase in new postings from December 2023 to January 2024.

Meanwhile, the number of overall active job postings in January 2025 was 1,516,535, an increase of 7.2% on the number of job postings in December 2024. This marks the first time that job postings have risen since June 2024.

Every region in the UK saw a rise in active job postings, the largest rise was in the East Midlands (11.7%) and the smallest was in London (3.4%)."

That is wonderful how does that % of job vacancies compare to the number of job cuts that was mentioned in the OP.

Reply privatelyReply in forumReply +quote
Post new Message to Thread
back to top