The number of people on payrolls has fallen to its lowest level since October 2023, official figures showed, in the wake of Rachel Reeves’s tax raid on businesses.

Just over half of private sector firms are looking to recruit over the next three months

The number of people on payrolls has fallen to its lowest level since October 2023, official figures showed, in the wake of Rachel Reeves’s tax raid on businesses.

Entry-level opportunities have plunged as Reeves’s tax raid hammers hospitality and retail

Britain’s economic growth was cut in half in the second quarter of the year, official figures show, as businesses grappled with the effects of Rachel Reeves’s tax raid.