Personal Finance

Universal Credit warning: 'Reforms' urged as state support demand to rise in the autumn

Today, the Recruitment & Employment Confederation (REC) released new data on employer confidence.

This data showed in the three months to July, employers’ confidence in their ability to hire new staff and make investment decisions remained high at net: +29, just below the previous rolling quarter’s record high.

Additionally, employers’ intentions to hire new permanent and temporary staff over the next three months remained stable at net: +22 and net: +26 respectively, signalling demand for workers will remain high into the autumn as businesses recover from the effects of the pandemic and deliver on new business plans.

The REC’s latest survey also found business confidence in the UK economy rose by one percentage point to net: +18, sitting “firmly in positive territory.”

READ MORE: Universal Credit: How to get boosted payments of £812


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