NEWS
Nearly eight in 10 UK workers fear job loss in 2026 as redundancy and recession concerns rise
Anew report from MyPerfectCV, a leading UK CV builder, finds that many UK workers are experiencing growing anxiety about job security and the wider economy. Based on a survey of 800 UK employees, the UK Job Security Report 2026 shows that nearly four in five workers( 79 %) are worried about losing their job in 2026, with many expecting redundancies and unemployment to rise. As economic pressures and cost of living concerns persist,
workers remain uncertain about the stability of the labour market in the months ahead.
• Job insecurity is widespread: 79 % of UK workers say they are worried about losing their job in 2026.
• Concerns are rising: 69 % say they feel more worried about job security than they did last year.
• Redundancies are expected to increase: 82 % believe layoffs are likely at their organisation, and 63 % think redundancies across the UK will rise in 2026.
• Workers expect unemployment to grow: 77 % believe the UK unemployment rate will increase this year.
• Recession fears are widespread: 92 % say they are concerned about the UK entering a recession in 2026.
• Cost of living pressures remain a top concern: 59 % worry their pay will not keep up with costs, while 58 % cite the cost of living as a major worry.
“ Many workers are feeling increasingly uncertain about their job security right now,” said Dr Jasmine Escalera, Career Expert from MyPerfectCV.“ Concerns about layoffs, rising unemployment and the broader economic outlook are clearly shaping how employees view their stability at work.”
RedCloud signs up to US $ 30 million Saudi licensing agreement to deploy its RAID engine across FMCG market
RedCloud, a company building intelligent infrastructure for global trade, has signed a five-year licensing agreement up to US $ 30 million to deploy its RAID( Realtime AI for Distribution) engine in the Kingdom of Saudi Arabia, targeting one of the world’ s most critical and complex FMCG markets at a time when global supply chains are under increasing pressure from fragmentation, volatility and shifting trade flows.
Structured at US $ 6 million per year, based on revenues generated by RAID within Saudi Arabia, the agreement supports the development and rollout of RAID across Saudi Arabia’ s US $ 68 billion FMCG market, targeting systemic inefficiencies in how goods are bought, distributed and sold.
Saudi Arabia represents one of the most dynamic and structurally complex FMCG markets globally, where fragmented supply chains and limited real-time visibility continue to distort demand and inventory. RedCloud estimates this has created a nearly US $ 9.4 billion inventory imbalance across the Kingdom, driven not by lack of data, but by the inability to act on it at speed and scale.
This agreement will operationalise RedCloud’ s joint venture strategy in the region, aiming to combine local market infrastructure with RAID’ s developing AI-driven intelligence layer to enable real-time, data-led decision-making across supply chains.
The partnership is aligned with Saudi Arabia’ s Vision 2030 agenda, supporting the development of a more efficient, digitally enabled and self-sustaining economy. x
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