Uncertainty about whether pay growth is slowing materially remains a key factor behind the BoE’s reluctance to cut interest rates from the current 16-year high LONDON: Average starting pay for British jobs rose in May at the fastest pace in four months despite a 20% annual fall in the number of jobs on offer, figures...
Tag: UK jobs
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HSBC and Deloitte withdraw job offers for foreign graduates in UK after visa rule change
HSBC and Deloitte have recently rescinded job offers to foreign graduates in the UK, citing the government‘s new stringent visa regulations. This move follows the government’s increase in the salary threshold for skilled worker visas, from £26,200 to £38,700 for general workers, and to £30,960 for individuals under 26. The Financial Times interviewed affected graduates,...