AGP Executive Report
Last update: 5 hours agoJob Cuts: Royal Mail plans to axe up to 2,500 head-office and support roles by the end of 2027, while HSBC is reportedly planning steep cuts to UK wealth-management jobs as it expands its use of AI. BBC staff have also challenged plans for up to 2,000 job losses, arguing junior workers are bearing the brunt. Youth Employment: The Conservatives propose halving employer National Insurance for workers aged 21–24, saying the £2.3bn-a-year plan could create about 33,600 jobs. Separately, councils are joining an 18-month push to help young people into work or training; almost one million UK young people are NEET. Hiring and Skills: PwC’s UK chief expects graduate recruitment across professional services to rise again, despite concerns AI could curb entry-level hiring. The DWP is also moving 500 careers advisers into Jobcentres. Workforce Risks: Workers at Welsh manufacturer Coppice Alupack face uncertainty as it consults on ending production at its Clydach Vale site, while 377 jobs remain at risk at Grangemouth.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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