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HSBC is consulting on major cuts across UK wealth management. Reported proposals affecting advisers, managers and specialists come as the bank expands AI use and redesigns digitally enabled customer service.
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Lambeth is preparing a four-day working week trial for employees. Officers are developing the model, with no start date announced, while Hackney and Lewisham are also examining shorter-week policies.
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Government funding will expand apprenticeships, workplace learning and investment-linked employment. The package combines a National Wealth Fund jobs projection with £100m for local apprenticeship brokerage and £15m annually for the restored Union Learning Fund.
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Barclays staff are resisting stricter office attendance requirements across Britain. Unite is challenging the bank’s move towards three office days for most affected employees and four for senior leaders.
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AI use is reshaping workloads across Britain’s hybrid workplaces rapidly. Owl Labs found 57% of workers face higher output expectations from AI, while stress, employee monitoring, and concern over job security remain prominent.
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Culture15 is expanding how managers use workplace culture data today. The latest Rose AI assistant interprets internal feedback and provides role-specific recommendations for leaders, managers and people teams.
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Reach is cutting editorial capacity as digital traffic economics change. The publisher proposes 220 job reductions while investing selectively in subscription and longer-form video roles.
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KPMG is proposing 200 more UK advisory job cuts nationwide. The consultation includes data, technology, AI, and cybersecurity teams as the Big Four group adjusts capacity to softer demand.
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Employers warn Britain’s labour market remains weak as vacancies fall. Employment specialists are calling attention to lower hiring, SME cost pressures, and persistently high youth unemployment after the latest ONS figures.
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HSBC will wind down German transaction services operations by 2028. More than 300 jobs are expected to disappear as the bank concentrates investment on areas where it sees stronger competitive advantages.