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UK vacancies fall as the jobs market cools

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The UK jobs market has continued to cool as vacancies fell and the number of people on payrolls dropped, the latest official figures suggest.

Job openings fell by 5.8% to 718,000 between May to July across nearly all industries, according to the Office for National Statistics (ONS).

It said there was evidence that some firms may not be recruiting new workers or replacing people who have left.

However, the slowdown was not as sharp as some economists had anticipated.

Average wage growth remained at 5%, the unemployment rate was unmoved at 4.7% and an estimated drop in people on payrolls – down 8,000 between June and July – signalled a “very gradual cooling”, according to former Bank of England policymaker Andrew Sentence.

He pointed out that there are more than 30 million people on employer payrolls in the UK.

Ashley Webb, UK economist for Capital Economics, said the “modest fall” in payroll data “suggests that the fallout in the jobs market from the rise in business taxes and the minimum wage” is calming down.

In April, the National Living Wage rose from £11.44 to £12.21.

At the same time, National Insurance Contribution by employers rose from 13.5% to 15% while the salary threshold triggering payment by firm was lowered from £9,100 a year to £5,000.

Although the number of job openings fell, it did not feed through to a rise in the unemployment rate, Mr Webb said.

He added that firms giving notice of redundancies was “relatively subdued” in July.



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Jaguar Land Rover staff to stay home after cyber attack

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Jaguar Land Rover (JLR) has instructed factory staff to stay at home until at least Tuesday as the company continues to grapple with the fallout from a cyber attack.

The attack at the weekend forced the company to take vital IT systems offline, which has affected car sales and production.

Production remains halted at car factories in Halewood on Merseyside and Solihull in the West Midlands, as well as at its engine manufacturing centre in Wolverhampton.

The situation remains under review and output could remain suspended for longer.

Car sales have also been heavily disrupted, although the BBC understands some transactions have been able to take place.

The company, which is owned by India’s Tata Motors, shut down its systems on Sunday in order to limit potential damage from the cyber attack.

It is now working to restore them in a controlled manner, but this is understood to be a highly complex process. It is also introducing work-arounds for systems that remain offline.

The attack occurred at what is traditionally a popular time for consumers to take delivery of a new vehicle. The latest batch of new registration plates became available on 1 September.

The disruption extends well beyond JLR’s own production lines, with its network of parts suppliers also forced to restrict their operations. Some have complained of a lack of transparency from the company.

On Wednesday a hacker group which was also responsible for a highly damaging attack on Marks and Spencer earlier in the year said it had infiltrated JLR’s systems.

The group of young English-speaking hackers – who are thought to be teens calling themselves “Scattered Lapsus$ Hunters” – told the BBC how they allegedly accessed the car maker but have not revealed if they successfully stole private data from JLR or installed malicious software onto the company’s network.

The group posted two images, which showed apparent internal instructions for troubleshooting a car charging issue and internal computer logs.

A security expert said those screenshots suggested the group had access to information they should not have.

JLR says it is investigating the hack, but there is no evidence at this stage any customer data has been stolen.

In 2023, as part of an effort to “accelerate digital transformation across its business”, JLR signed a five-year, £800m deal with corporate stablemate Tata Consultancy Services to provide cybersecurity and a range of other IT services.

The halt in production is a fresh blow to the firm which recently revealed a slump in profits attributed to an increase in costs caused by US tariffs.



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Trump’s Fed pick Stephen Miran says he will keep White House job

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Bloomberg/Getty Stephen Miran, chairman of the Council of Economic Advisers and US Federal Reserve governor nominee for US President Donald Trump, during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, US, on Thursday, Sept. 4, 2025.Bloomberg/Getty

President Donald Trump’s pick to fill a vacancy on the Federal Reserve said he did not plan to resign from his role at the White House, if confirmed, raising alarm among Democrats who said his elevation would bring the president closer to controlling the central bank.

Stephen Miran, currently chief of Trump’s Council of Economic Advisers, told lawmakers at his confirmation hearing on Thursday that he intended to take a leave of absence from the White House, given the short term nature of the Fed post.

He assured them that he would act independently if confirmed.

But he demurred when Democrats demanded he prove his independence by going on the record saying Trump had lost the 2020 election.

He also ducked questions asking him whether the president was right when he claimed that officials had faked jobs data for political reasons and on his past recommendations for Fed overhaul, including warnings against naming political figures to the board.

Senator Elizabeth Warren, a Democrat, said Miran would be seen as a “puppet” who would not be trusted as an independent voice.

“You have made clear that you will do or say whatever Donald Trump wants,” she told him. “That may work in a political position but it will take an axe to Federal Reserve independence.”

Miran called the independence of the Fed “paramount” and said he had not been asked by anyone at the White House to commit “formally or informally” to lowering interest rates.

“The independence of the Federal Reserve is critical to delivering superior long-run outcomes for the economy,” he said.

Miran, who trained as an economist at Harvard, was named by Trump to finish out the term of former governor Adriana Kugler.

Kugler resigned last month, a few months before her time on the board was due to end in January.

The opportunity came as Trump has put unprecedented pressure on the Fed to lower interest rates, toying with the idea of firing chair Jerome Powell and taking steps to fire another board member, Lisa Cook, over allegations of mortgage fraud.

She has denied those claims and challenged the president’s termination in court.

Economists say Trump’s campaign risks undermining the credibility of the bank, which is charged with keeping prices and employment stable and has been designed to set policy independently from the White House.

Lawmakers from both parties told Miran that it was critical that the bank’s governors determine interest rates without regard to politics.

But while Republicans widely indicated they would support his confirmation, Democrats said Miran’s decision to maintain his White House post was a sign he would be responsive to Trump’s demands.

Senator Jack Reed of Rhode Island called the arrangement “ridiculous”, while Senator Andy Kim of New Jersey asked: “Why do you even want this job for four months if you’re just hedging your bets and continuing your role at the White House?”

Miran said would resign his White House post, if he was nominated to serve a longer term.

Miran’s nomination is expected to advance to a full vote in the Senate, where Republicans hold a majority.

Senator John Kennedy, a Republican, urged Miran to ignore political considerations if confirmed.

“You’ve got to call them like you see them and ignore – nothing wrong with people giving their advice – but ignore all the rhetoric,” he said.

Warren said Republicans were ignoring the “elephant in the room” in their willingness to green-light Miran’s elevation.

“If we allow the Fed to become a political football, every American consumer, every American worker and every American business will pay a long term price,” she said.



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Demand for second-hand school uniform rises across Somerset

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Charities and community groups have seen a rise in demand for second-hand school uniform.

Barnardo’s in Frome has put out an appeal for donated uniform, due to the high demand they are seeing, and parents in Somerset have set up Facebook groups to help.

The Community Hub in Chard has started a pre-loved school uniform shop which operates on the basis of paying what you can afford to help parents who may not be able to afford it.

Tessa Goodridge-Reynolds, from the Chard Community Hub, said: “It’s pay-as-you-can so there’s no pressure to donate at all. We just want to remove that pressure. It’s a really expensive time for parents.”

Ms Goodridge-Reynolds helped to set up the uniform shop in 2022, led by the need from the community.

“They found it difficult to get hold of uniform cheaply,” she said.

“Part of it is sustainability, too. Isn’t it great if we can swap and share and get as much use out of clothes as possible?

“Today, more than 1,300 items have gone out to families. It’s a busy time of year, everyone getting ready for school this week.”

Nikki Allen, a mum from Somerset, set up the South Somerset School Uniform Exchange group on Facebook.

“It was a few years ago when my son was still in school. I was looking for bits of uniform that I didn’t really want to buy new,” Ms Allen said.

“There’s posts every day, whether it’s school uniform or coats. People are really pleased to get something for less money because of course budgets are tight still.”

Barnardo’s in Frome said they have also seen a surge in demand for uniform.

They have been recycling uniform for the last four years but demand is now is at its highest ever, with parents queuing up to get uniform and PE kits for their children.

Hannah Smith, the store manager, said: “There’s been a lot more demand, I’ve had messages, phone calls asking for uniform.

“It’s definitely the cost of living, people just can’t afford it new anymore and they’re struggling.

“Just for a general Frome college uniform you’re looking at £100, just for one set.”



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