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Andy Burnham Becomes PM, July Job Gauge Hits 50

8/10/2026

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Story summary
  • Andy Burnham became UK prime minister as the labour market showed tentative stabilisation in July.
  • Recruiters stopped shedding permanent staff, the survey said.
  • The permanent-job placement gauge rose to 50.0 from 49.1, ending a 45-month downturn.
  • Starting salaries rose faster in July.
  • KPMG advisory head Callum Licence said businesses will seek policy signals that boost confidence to invest and hire.