Hiring Slows, Budget Discrepancy Hinders

This is a news story, published by Sky News, that relates primarily to Recruitment and Employment Confederation news.

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fiscal gloom

Sky News

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Business

Business & Economics

Budget tax hikes and financial gloom 'acting as brakes' on employment

Summary

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77% Informative

Recruitment and Employment Confederation and KPMG 's latest snapshot on recruitment found permanent staff vacancies declined at the steepest rate since August 2020 last month .

Government warned of a "tough" budget ahead shortly after winning the election last July .

October 's budget placed business on the hook for 25bn of 40bn in tax hikes, with the lion's share coming from April .

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive