
UK Staff Layoffs Accelerate Amid Trump Tariff Turmoil and Rising Labour Costs
Category: Business,
2025-05-11 23:00
UK employers increased the pace of staff layoffs in April, driven by rising employment costs and uncertainty stemming from Donald Trump's tariff policies. Surveys indicate employer confidence has hit record lows, leading to job cuts and hiring freezes.
In April, UK employers laid off staff at a faster rate than in previous months, according to recent surveys. The acceleration in job cuts is attributed to a combination of rising employment costs—such as higher wages and benefits—and the economic uncertainty caused by former US President Donald Trump's tariff policies. These tariffs have disrupted global trade, affecting UK businesses that rely on international supply chains or export markets. The resulting instability has led to a significant drop in boardroom confidence, as reported by the Chartered Institute of Personnel and Development (CIPD) and other human resources organizations. Many companies have responded by freezing hiring and reducing their workforce to manage costs and mitigate risks. The situation highlights the interconnectedness of global economic policies and domestic employment trends, with UK employers facing both internal and external pressures. The data suggests that unless conditions improve, further job cuts and a prolonged hiring slowdown may continue in the coming months.
Source: The Guardian
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