UK firms' hiring plans are weakest since 2020, BoE survey shows

Investing.comThursday, October 2, 2025 at 9:42:26 AM
UK firms' hiring plans are weakest since 2020, BoE survey shows
A recent survey by the Bank of England reveals that UK firms are experiencing their weakest hiring plans since 2020. This decline in hiring intentions is concerning as it may indicate a slowdown in economic growth and could lead to higher unemployment rates. Understanding these trends is crucial for policymakers and businesses alike, as they navigate the challenges of a changing economic landscape.
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