DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!British Businesses Brace for Job Cuts, Hiring Freeze
British Businesses Brace for Job Cuts, Hiring Freeze

British Businesses Brace for Job Cuts, Hiring Freeze

Update: 2025-12-02
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Britains private sector faces a challenging period, with businesses anticipating job cuts and hiring freezes due to rising employment costs. The CBI reports a sustained downturn in hiring intentions, impacting various industries and job seekers. The recent Budgets tax increases and spending cuts have further dampened business confidence, with companies warning of additional costs and potential job losses.

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British Businesses Brace for Job Cuts, Hiring Freeze

British Businesses Brace for Job Cuts, Hiring Freeze