Private sector hiring falls at fastest rate in nearly four years after Budget

Businesses said confidence has fallen since the October Budget (Anthony Devlin/PA) - (PA Wire)

Private sector employment fell at the fastest rate in nearly four years in early December, according to a survey, as firms continued reacting to the autumn Budget.

Activity across the UK’s private sector grew slightly in the first weeks of December, but more notable was a “marked pullback in hiring”, according to the research.