AGP Executive Report
Last update: 5 hours agoLabour Market: Bank of England deputy governor Clare Lombardelli warned that a “low-hire, low-fire” jobs market is making it harder for people to enter work or change jobs, with young people bearing the brunt. October data also points to cooling hiring and rising starting salaries. Energy Jobs: The sector expects to need 360,500 workers by 2032. A new government-backed programme will offer training and work experience linked to vacancies, with up to 1,000 places and a guaranteed interview in England. AI and Hiring: Revolut chief executive Nik Storonsky said wider AI automation could mean the fintech hires fewer people in future. Pay and Recruitment: The government plans to require salary details in job adverts, while employers are also being urged to act on new third-party harassment rules. Retail Expansion: Starbucks plans to open 500 UK shops and recruit 7,500 staff over the next five years.
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