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UK Hiring Stalls as Geopolitical Tensions Weigh on Business Confidence

UK Hiring Stalls as Geopolitical Tensions Weigh on Business Confidence

British businesses have sharply curtailed their hiring plans this month as escalating conflict in the Middle East and domestic economic uncertainty dampen corporate confidence, according to the latest report from the Recruitment and Employment Confederation (REC) released this week in London.

The Impact of Global Instability

The REC’s monthly survey highlights a significant cooling in the labor market, as employers adopt a

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