Monday newspaper round-up: Manufacturers, EY, Waitrose
Sharecast – Three-quarters of UK firms are still struggling to recruit staff, research has found, but the post-pandemic “jobs boom” appears to be in decline, with hiring intentions continuing to fall last month. A survey by the British Chambers of Commerce found that 73% of the almost 5,000 companies it polled had faced hiring difficulties in the July to September quarter – a nine percentage point drop from the record high of 82% in the final three months of 2022. – Guardian
Europe’s money-printing spree risks triggering bailouts across the Continent as governments pay the price of a decade of cheap money. BNP Paribas (EPA:) warned there was a growing risk that some of the bloc’s biggest economies “may have to be recapitalised” as the European Central Bank (ECB) continues to shrink its balance sheet. – Telegraph
An executive who was appointed as global chief financial officer at EY at the start of this year has left after a plan to break up the group collapsed. Jamie Miller, who was poached in January from Cargill, the commodities trading company, was due to become finance chief of EY’s consulting business if the firm’s plan to split itself in two by demerging the unit had gone ahead. – The Times
Groceries from Waitrose could be sold via Amazon (NASDAQ:) under a deal being discussed by the supermarket chain and the online retail group. Waitrose, owned by the John Lewis Partnership, is seeking to restore its shrinking market share through the tie-up after losing sales to cheaper rivals amid the cost of living crisis. – The Times
