London's job market weakened at the fastest pace since 2020, according to new figures that the capital's business leaders said are a ‘clear message to the Chancellor’.
The KPMG and REC London labour market pulse check, supported by BusinessLDN, showed vacancies falling for the tenth consecutive month. But the decline accelerated in December, with a pulse reading of 47.0, which is weaker than the rest of the UK. Any reading below 50 represents decline while any figure above 50 represents growth.
