Business · Economy · 17 hrs ago
UK Firms Cut Hiring Before Budget as Brief Employment Recovery Ends
UK firms pared back hiring in the turbulent weeks before the budget, according to a survey.
The survey says Britain's brief employment recovery ended.
The period came before Chancellor John Healey's budget.
The survey is closely watched by Bank of England officials.
It provides officials with a reading on hiring conditions in Britain.
The survey does not say what happens next.
Britain’s brief employment recovery came to an end ahead of the budget, according to a survey.
The survey is closely watched by Bank of England officials.
The report said UK firms pared hiring during turbulent weeks before the budget.
Chancellor of the Exchequer John Healey was due to deliver the budget.
- Who
- UK firms pared hiring.
- What
- A brief employment recovery came to an end, according to a survey.
- When
- In the turbulent weeks before the budget.
- Where
- Britain.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Survey
- REC survey on employment
- Chancellor
- John Healey
- Institution
- Bank of England officials closely watch the survey