Human Times
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UK Edition
24th July 2026
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THE HOT STORY

June heatwave 'cost UK economy more than £1bn'

Last month's record-breaking heatwave cost the UK economy an estimated £1.15bn and resulted in 24m lost working hours, according to research by the London School of Economics' Grantham Research Institute. The study found that workers lost an average of 0.47 hours during the final week of June. The survey also found that 5% of respondents sought medical attention and around 3% reported an accident or injury at work during that week, with around two-thirds of them feeling it was linked to the weather. Elizabeth Robinson, the institute's director, said: “Our findings point to a country that remains insufficiently adapted to the changing climate. The government cannot continue to ignore extreme heat. Unless it acts now, and makes workplaces safer, we are likely to see growing impacts on workers' productivity, health, and the economy.” Shouro Dasgupta, environmental economist at the Euro-Mediterranean Centre on Climate Change (CMCC), said: “While £1 billion is lost overall, the greatest effects are borne by outdoor workers and those in physically demanding jobs, many of whom are among the lowest paid in the labour force. Extreme heat is widening existing inequalities in the labour force.”
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TALENT STRATEGY

The hiring shift HR leaders can’t ignore

Talent scarcity has topped recruiters’ challenges for two years running, and a record share of organisations are now cutting recruitment budgets. For HR directors, that raises a harder question than “how do we hire more?”, it’s “where do we invest when the pressure isn’t easing?” The UK Candidate Attraction Report 2026, drawn from 700+ UK recruitment professionals, turns this year’s data into decision-ready insight, read through an HRD lens: where budget is quietly leaking, how AI is changing what an application really tells you, and how candidate experience, retention and workforce planning now connect. If you’re being asked to prove ROI and improve outcomes at the same time, it turns those pressures into decisions you can defend.

Download the report here →

 
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STRATEGY

British Gas owner Centrica to cut 1,300 jobs

Centrica, the owner of British Gas, is cutting 1,300 jobs due to a shift in customer behaviour. The company previously announced 500 cuts and has now revealed an additional 800 roles are affected. Chief executive Chris O'Shea insisted that "AI is not driving" job cuts, which he said were indicative of "a change in customer behaviour." He said: "About 90 per cent of our customers actually use digital channels in the first instance and we've seen a 20 per cent reduction in customer calls." Centrica said it had been "managing resource levels through natural attrition."

Amazon cuts some jobs in its artificial general intelligence unit

Amazon is laying off employees in its artificial general intelligence (AGI) unit, which focuses on developing AI models and includes teams working on silicon and quantum computing. The company has not disclosed the number of affected staff or specific areas impacted. An Amazon spokesperson said: “This is a fast-moving space, and we're sharpening our focus on the initiatives that matter most for customers.” The move follows a series of layoffs at the company, totaling over 30,000 since last October, as Amazon shifts its strategy to invest heavily in AI infrastructure. The AGI unit is crucial for Amazon to compete with the likes of OpenAI and Anthropic.
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WORKFORCE

UK employers should keep access to skilled trades visas, government advisers say

The Migration Advisory Committee recommends that 28 non-graduate occupations should keep temporary access to the visa system despite only weak evidence of plans to make better use of the domestic workforce.
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ECONOMY

UK consumer confidence soars in July

Consumer confidence in the UK recorded its largest monthly rise in almost three years in July, reaching its highest level since January. Improved optimism followed the appointment of Andy Burnham as prime minister, alongside England's World Cup run and favourable summer weather. Despite the stronger mood, analysts warned confidence remains well below pre-2016 levels.

Global household wealth surged in 2025 as AI boom fueled equity gains

Global household wealth rose 7.3% to $570tn in 2025, according to the McKinsey Global Institute, with rising equity markets accounting for 57% of the increase as investor optimism over artificial intelligence (AI) drove stock prices higher. The report found that only 20% of the growth came from new investment in real assets, while 60% reflected gains in asset prices, raising concerns that wealth creation is becoming increasingly dependent on market expectations rather than underlying economic activity. McKinsey warned that if AI fails to deliver the productivity gains investors anticipate, elevated asset valuations could face a significant correction, with potential consequences for global economic growth given the heavy exposure of international investors to US equities.
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RISK

Ebola death toll in DR Congo is now above 1,000

Jean Kaseya, the director-general of the Africa Centres for Disease Control and Prevention, has said that 1,031 deaths have been confirmed since the emergence of the Bundibugyo strain of the Ebola virus in May. “The Ebola outbreak is escalating at an alarming pace. We must act now,” Kaseya wrote in a post on X on Tuesday. “If we do not stop it today, this will become the worst outbreak the world has ever documented.”
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INTERNATIONAL

Italian unions agree workers' rights deal with Amazon

Italy's Filt CGIL, ​Fit CISL and Uiltrasporti unions have signed ‌an agreement with Amazon covering leave, employee rights and video surveillance. The unions said 57 local sites were included ​in the deal with Amazon Italia Transport and Amazon ​Italia Logistica. It has ​been agreed that video surveillance cannot be used for disciplinary ‌purposes, and workers ⁠have been granted the right to take parental leave in increments as small as a single hour. The deal was hailed by the unions as the first such national collective agreement reached with Amazon in any country. 

Chinese drugmakers struggle to recruit staff for global expansion

Leading Chinese drugmakers, including Jiangsu Hengrui Pharmaceuticals and CanSino Biologics, are struggling to recruit internationally experienced staff needed ​to develop and commercialise promising medicines overseas as the companies seek to satisfy their global ambitions. The rapid growth of China's biopharmaceutical sector has outpaced its ability to develop a skilled workforce, with a report from research organisation ICON highlighting that Asia-Pacific biotech professionals were nearly three times more likely than global peers to report talent shortages affecting operations. China "faces bottlenecks in global commercialisation without access to more internationally trained senior talent", observed Catherine Gregor, the chief clinical trial officer at US software firm Florence Healthcare.

One in four Americans stay in unwanted jobs to keep health insurance, survey finds

Nearly one in four Americans who receive health insurance through their employer remain in jobs they want to leave to avoid losing coverage, according to a new West Health-Gallup Center on Healthcare in America survey. The report estimates that around 23 million workers are experiencing "job lock," up from 16% in 2021, with the problem particularly acute among people with three or more chronic health conditions, 41% of whom say they stay in their jobs for health insurance. Researchers say rising healthcare costs, worsening perceptions of the job market, and the expiration of enhanced Affordable Care Act subsidies have all contributed to the increase.

Monday.com to cut 20% of global workforce

Israeli technology giant monday.com has announced a restructuring that will result in the laying-off of 620 employees, or about 20% of the company's global workforce. The decision is part of a product transformation aimed at developing an AI-based work platform. The company said it is flattening its organisational structure to enhance decision-making speed and efficiency. “This is the most painful decision we have made since founding monday.com – yet we are certain it is the right one. We made it. We own it. And we take full responsibility for it,” Monday.com co-founders Roy Mann and Eran Zinman wrote in a letter to employees. “The organisation we built for our previous chapter is not the organisation that fits the new AI era.”
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OTHER

DfE warns of sharper than expected drop in pupil numbers

The Department for Education has cut its forecast for the number of pupils in England’s schools in 2030 after projecting a much faster decline in school rolls. Latest official figures indicate that there will be 7.22 million pupils aged 0-15 in state-funded schools in 2030 - 286,000 (3.8%) fewer than the 7.50 million forecast by the government last year. The 2025 forecast said pupil numbers would fall by 5% between 2025 and 2030; the revised figures now predict an 8.6% reduction over the same period. From 2026 to 2031, the number of pupils is now expected to decline by 726,000 (9.3%), from 7.81 million to 7.08 million.

 
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