‘Longest period of job shedding’ in 16 years taking place as business activity grows at fastest rate since August
• Business live – latest updates
Companies in the UK’s services sector cut jobs last month, as they turned to “automation” rather than hiring new staff, a closely watched survey showed.
The monthly purchasing managers’ index showed employment numbers fell more sharply in January compared with December, continuing a trend that started in October 2024.
Continue reading…‘Longest period of job shedding’ in 16 years taking place as business activity grows at fastest rate since August• Business live – latest updatesCompanies in the UK’s services sector cut jobs last month, as they turned to “automation” rather than hiring new staff, a closely watched survey showed.The monthly purchasing managers’ index showed employment numbers fell more sharply in January compared with December, continuing a trend that started in October 2024. Continue reading…
