Tag: Finance
HSBC to accelerate job cutting plan as profits plunge by 96%
HSBC will speed up plans to cut 35,000 jobs after announcing a 65 per cent drop in profits for the first six months of...
UK fintech investment fuels cautious optimism
Investment in the British fintech sector dropped by over a third in the first half of 2020 amid global economic shutdowns, but nearly two...
Hiring confidence improves for first time since February
In a sign that the jobs market is picking up for the first time since the Covid-19 pandemic took hold earlier in the year,...
Online job adverts down by half
The number of online job advertisements has dropped below half of the average for the same period last year, according to an “experimental” measure...
Coronavirus disruption causes Fintech surge
The Covid-19 pandemic is causing a surge in demand for Fintech apps at the expense of traditional banks’ market share, the chief executive officer...
Demand for staff falls for first time in over a decade
The COVID-19 outbreak has caused a sharp drop in recruitment activity across both the permanent and temporary sectors, according to the latest Report on Jobs published...
Bank slashes interest rates in emergency cut
The Bank of England dropped interest rates by 50 basis points (0.5 percentage points) early on Wednesday morning in an attempt to stimulate the...
Financial services recruitment hit by IR35 reforms last year
A report by a leading recruitment firm has shown that recruitment in the financial services sector was hardest hit last year by a double...
