General · 20 April 2026

250,000 jobs might be lost by mid-2027

The UK economy is risking a recession that could cause a significant rise in job losses and cut into people's spending. Two leading accounting firm reports highlight how business confidence has been badly affected by the Middle East conflict. The EY Item Club forecasts an additional 250,000 job losses by mid-2027, raising unemployment to 5.8%.

By BriefTea Editorial · 20 April 2026 at 6:39

Reported by The Guardian · How we write briefs