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With the new government now in situ, the business community is slowly getting clarity about what the Labour Party is intending to do. With that, the economy has picked up this year, and growth is on track to be significantly higher than in 2023.

If we look at the overall picture of the education sector for the period April 2021-April 2022, the standout trend is a considerable drop in the number of applications

Job figures in Northern Ireland fell considerably in June and were down by over 50% compared to March, reflecting a marked fall in GDP growth. Numbers decreased across all major industry sectors and locations. Average salaries for permanent roles did, however, rise in the main, no doubt positive news amid reports of the exorbitant increases in the cost of living. Application per vacancy rates held firm in some sectors such as IT, but decreased in others including manufacturing and production.

The number of jobs in Scotland decreased significantly by 45% in June compared to March with the decreases felt across all key sectors. Application per vacancy numbers remained steady but fell in the majority of cases with the notable exceptions of logistics, distribution & supply chain and sales. Average permanent salaries did, however, rise in most industry sectors to help meet the rising cost of living. Pay increases will struggle to mitigate inflation, though, which hit a record 40 year high in May.

The UK’s financial landscape in 2024 is set to shift significantly, with London poised for growth and other regions facing challenges. London’s financial sector is expected to see a 7.9% increase in job vacancies, totalling around 39,345 positions, which would raise its share of the UK financial job market from 46.2% in 2023 to 50.5%.

While manufacturing and engineering are a key part of the mix and what the region is best known for, there has also been a push to diversify. Among others, IT is becoming ever important to the region and in recent data provided by Innovate UK, we can see that AI and Data companies are the fifth largest in terms of receiving funding in the region, across all sectors.

This document summarises the main tax changes that were announced by Mr Hunt, with an explanation of what they are likely to mean for your business or your family.

The report below is based on an analysis of the number of jobs posted on Broadbean’s database and the number of applications per vacancy over a set period.

The education sector is facing unprecedented challenges at the moment. With the possibility of strikes and resignations in the air, it’s perhaps no surprise that the quarterly vacancy rate has really ramped up this quarter, with figures higher than they have been since Q1 2021.