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Business & Economics

Firms to cut jobs ahead of rise in employment costs

BBC
Summary
Nutrition label

77% Informative

Chartered Institute of Personnel and Development surveyed 2,000 UK employers.

Just over a third said they would reduce their headcount through redundancies or by recruiting fewer workers.

Survey also found firms would raise their prices to cover increasing employment costs.

Small business confidence has hit its lowest point for 10 years , not including the Covid pandemic.

VR Score

88

Informative language

92

Neutral language

66

Article tone

semi-formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links