‘Weak, weak, weak': Chief UK Economist on labour market

Companies are prioritizing digitalisation, automation and AI over hiring, according to Deutsche Bank's Chief U.K. Economist Sanjay Raja. The comment points to ongoing labour market challenges and a structural shift in business investment toward technology rather than headcount growth. The article is largely informational and is unlikely to have a significant immediate market impact.

Analysis

Companies are prioritizing digitalisation, automation and AI over hiring, according to Deutsche Bank's Chief U.K. Economist Sanjay Raja. The comment points to ongoing labour market challenges and a structural shift in business investment toward technology rather than headcount growth. The article is largely informational and is unlikely to have a significant immediate market impact.