AGP Executive Report
Last update: 3 hours agoTelecoms Job Cuts: Virgin Media O2 plans to cut thousands of UK jobs in an £800m cost-saving drive, while also halting its fibre expansion and increasing its use of AI. Retail at Risk: Poundland’s move into administration puts about 12,000 jobs in jeopardy, with ministers and the company’s founder pressing for a rescue. Workplace Mood: UK job satisfaction has fallen to its lowest level in 37 years, as workers grow less keen on full-time roles. Pressure on Employers: More than half of surveyed businesses expect to be worse off after the Budget, with minimum-wage rises among their biggest concerns; one estimate says the changes could add over £4,000 to the cost of employing a worker. Care Workforce: The government has dropped a proposed 15-year settlement wait for migrant care workers, retaining a five-year route for eligible staff subject to conditions.
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