S&P Global PMI data showed UK employment falling for a seventh straight month in April, signalling a sustained deterioration in the country’s labour market conditions.
The country’s performance on the jobs front at the start of Q2 2025 was the weakest among all the major economies covered by the data.
Tariff-related concerns and uncertainty have weighed heavily on UK business confidence.
The country’s performance on the jobs front at the start of Q2 2025 was the weakest among all the major economies covered by the data.
Tariff-related concerns and uncertainty have weighed heavily on UK business confidence.
