UK firms report fastest growth in labour market since pre-pandemic

BDO index rises for fifth consecutive month but inflation and Ukraine war could curtail jobs boom

Employment growth in the UK returned to pre-pandemic levels in March, but the jobs boom looks set to be short-lived amid rising living costs and the impact of the war in Ukraine, a report says.

The business advisory firm BDO said UK companies reported the fastest growth in the labour market since February 2020.