The announcement by the Labour party regarding increasing investment into AI will be welcome news for the industry. Similarly, with over 1,300 AI companies already established in London The UK tech sector overall is now worth £1 trillion and with VC firms are scaling up their funds, indicating that 2025 is set to be a bumper year for investment as UK-based venture capital firms raised $11.3bn in dry powder, a 59% increase from last year.
Fourteen days into the year and the world holds its breath, as Trump prepares to retake control of the White House with a very different policy agenda to Biden. In terms of the economy overall, the USA should therefore continue to outperform other G8 countries, as the combination of tax breaks, deregulation and energy sector growth acts to boost GDP.
With the recent change in government, the shift in economic strategy is evident. The OECD is projecting economic growth for the UK next year; however, their analysis suggests that state-led enterprises are likely to benefit the most. At the same time, companies are delisting from the London Stock Exchange at unprecedented rates, raising questions about what measures are necessary for the city’s revival.
Join us as James Chaplin, CEO of Vacancysoft, and Simon Bliss, Chairman at TEAM, delve into the latest shifts in the IT job market. Discover key insights on IT vacancies, companies to watch, regional hot spots, and key skills in demand, helping you stay ahead in recruitment.
Stay informed with the latest insights on labour market shifts, hiring patterns, and industry-specific analytics. Our Snapshots highlight key developments across multiple sectors, helping you navigate the evolving recruitment landscape.
