HireWire

The daily on talent acquisition technology

2026-10-02

UK hiring confidence edges up but stays negative ahead of the Budget

Staffing Industry Analysts · 2026-10-02

The latest Recruitment and Employment Confederation JobsOutlook, reported by Staffing Industry Analysts on 29 September, shows employers' confidence in hiring and investment improved six percentage points to a net balance of -8% in the June-to-August quarter, while their view of the UK economy rose eight points to -39%. Short-term permanent hiring intentions held at +8%, strongest in the North and Midlands, in a survey of 704 employers conducted between 15 June and 18 August. Interim chief executive Maxine Bligh cautioned against mistaking improvement for recovery ahead of the 28 October Budget.

Confidence is improving and still negative, which means the hiring you plan for the next quarter is being set against employers hedging rather than committing. The regional split — the Midlands and North running ahead of London and the South on intent — matters for where you place recruitment marketing and whether your pay bands still reflect local, rather than national, competition for the roles you find hardest to fill.

All action is situated in your corporate context. These are starting points, not prescriptions — choose what fits.

Connect

Who to talk with in your enterprise

Bring this to your head of workforce planning: with the Budget as the hinge, decisions you make in October are being priced before you know which way it swings. Ask your finance business partner whether next quarter's hiring assumptions already account for the Budget's possible outcomes, or are quietly frozen pending it.

Inspect

What to take a closer look at

Pull your own forward indicators — roles on hold, time-to-fill by region, offer-acceptance by geography — and set them against this national picture. If your Midlands and Northern roles are not converting faster than your Southern ones, your pay or sourcing strategy is out of step with where confidence actually sits.

Reflect

What to think about more deeply

Employer sentiment is negative while the market keeps hiring anyway — so is "confidence" measuring what employers will do, or only how loudly they expect the Budget to hurt?