UK employers curb hiring and pay rises before budget, recruiters say

UK Recruiters Say Jobs Market Is Stabilizing After Tax Increases

Signs are emerging that the worst may be over for the UK labor market, according to a survey closely monitored by the Bank of England.

UK employers curb hiring and pay rises before budget, recruiters say

Britain's hiring market remains sluggish and pay is stagnating with employers worried about possible further tax increases in finance minister Rachel Reeves' November budget, according to a survey of recruitment firms published on Friday.

Economy at 'moment of reckoning' as major industry faces FIVE MILLION job cuts

Leaders in Europe are under growing pressure to tackle a deepening jobs crisis that could put millions of workers at risk

Wage growth falls to four-year low amid weak demand for staff

The figures will provide some relief to the Bank of England’s rate-setters because of fears of higher salaries driving inflation shocks in the British economy

Rise in UK candidates for job vacancies says report

31% of UK Employers Have Slowed Down Hiring Due To Rising Employment Costs

Stuart Gentle Publisher at Onrec 09 Oct 2025|Statistics31% of UK Employers Have Slowed Down Hiring Due To Rising Employment CostsThe latest research from global talent solutions partner Robert Walters finds 1 in 3 UK businesses have rolled back hiring plans in 2025 due to rising business costs. 52% of UK employers state they are delaying pay rises to cope with the surging employment costs (including increased NICs). Meanwhile, 40% have im…