Exclusive: Experts weigh in on why more older people are exiting the workforce earlier September 9, 2021 The Department for Work & Pensions published a report this morning which showed that, over the past year, older people have been exiting the workforce earlier. Moreover, the employment rate of people aged 50-64 has also fallen slightly. City A.M. sought the views of six recruitment, HR and financial experts on why this is happening. Sarah Loates, [...]
UK redundancies fall to lowest in seven years despite furlough taper September 7, 2021 Proposed job redundancies in the UK plummeted to their lowest level in seven years in August, despite the fast approaching deadline of the government’s Covid furlough scheme. British employers proposed 12,687 job cuts in August – down almost 80 per cent from the same time last year, when the figure stood at 57,469, according to [...]
UK food producers push PM to grant 12-month visas to solve supply problems August 27, 2021 Companies from across the UK’s food chain are calling on the UK Government to grant thousands of extra one-off visas to solve Brexit-induced supply chain problems that now threaten to ruin Christmas. Companies and lobby groups representing food production companies from paddock to payment counter want a 12-month visa to be created for HGV drivers [...]
Brexit and Covid impact: More than 90,000 EU workers to have left UK hospitality jobs August 5, 2021 More than 90,000 EU workers left the UK’s hospitality sector in the last year, new figures have revealed. Fresh research from jobs site Caterer.com found that three out of five hospitality employers are now receiving record numbers of applications from UK workers. London was identified as acutely affected by the exodus with the research estimating [...]
Judge dismisses lawyer’s harassment claim warning against ‘a culture of hyper-sensitivity’ August 3, 2021 A lawyer, who claimed she was unfairly dismissed from her £100,000-a-year job after being sexually harassed, has lost her case after a judge warned against “encouraging a culture of hyper-sensitivity”. Nirosha Sithirapathy, who worked as legal counsel at pharmaceutical research company PSI CRO UK, claimed that she was discriminated against because of her age and [...]
Staffline shares pop as recruiter’s profits set to rise despite lorry drive shortages July 28, 2021 Shares in recruiter Staffline popped nearly 10 per cent this morning after it predicted a rise in gross profits for the half year. Revenue for first half is expected to be £450.7m, up from £430.3 million for the same period last year, up 4.7 per cent. Gross profit expected to be £39m, up 14 per [...]
Self-employed: women lost almost double the income than men during the pandemic, survey shows July 28, 2021 Self-employed women lost around 20 per cent of their income during the course of the pandemic, compared to 11 per cent for self-employed men. This is according to a new survey by the insurance provider for small and medium-sized enterprises Superscript, shared with City A.M. The poll surveyed 2,015 male and female sole-traders, freelancers and [...]
One in four parents worried ending furlough will hit their jobs July 22, 2021 With the furlough scheme set to end in September, many families are left worried about finances; as 41 per cent of families with children believe the Government should extend the scheme because of the financial hardships they may face. 25 per cent of parents are concerned that the end of furlough will hinder job prospects, [...]
Weekend Read: Job market tension threatens to derail Britain’s economic recovery July 17, 2021 The UK labour market is roaring back to life. After months of being shuttered due to Covid, businesses are finally welcoming customers back through their doors – and ramping up hiring to cope with soaring demand. Companies added 356,000 workers to payrolls over the last month. Total weekly hours worked has reached its highest level [...]
Government launches summer jobs site to stave off UK labour shortages July 16, 2021 The government has launched a summer jobs site in a bid to stave off labour shortages that have hit UK businesses across most sectors. The collision of the pandemic and Brexit has driven workforce shortages across construction, retail, hospitality and transport. The lorry driver shortage has also pushed production delays across other sectors, as supermarkets [...]