(5/5) HIRING AT A FIVE-YEAR LOW β AND FIRMS ARE TURNING TO AI
Vacancies are at their lowest since 2021 (ONS). Employers blame April's NI rise, the wage floor and the Employment Rights Act: the IoD says 63% are less likely to hire, 57% more likely to automate using AI.
(5/5) YOUR P&L IS GOING TO COMPANIES HOUSE
From April 2028, small companies and micro-entities must file profit and loss accounts β a year later than planned, after FSB and ICAEW pushback. You can opt out of public publication. Paper and web filing are being scrapped.
(5 of 5) UK Composite PMI fell to 48.5 in May - down from 52.6 in April. A sharp single-month drop see the UK economy cross the line from expansion into contraction. The services sector (~80% of the UK economy) came in at 47.9 - the weakest reading in over five years.