'Cautious approach' | Firms prioritising cost management over growth as employer confidence remains subdued

UK employers are prioritising cost management over growth as rising business costs and global uncertainty continue to weigh on confidence. This is according to the latest Labour Market Outlook from the CIPD, the professional body for HR and people development.

The survey of more than 2,000 UK employers found that cost management is the top priority for UK employers, regardless of sector and size, ahead of improving productivity and growing market share.