For over 40 years, Equinoor has been an energy partner to the UK.

During that time, we've played our part in the switch from coal to gas,

and we're working hard to help the UK's energy transition.

We may not have all the answers yet, but we're determined to find them.

Equinor, an energy company, searching for better.

99.6% of Equinor's energy output is oil and gas.

Our investment in renewables and low-carbon

solutions has increased from 4% in 2020 to 27% in 2024. Find out more at equinor.com.

UK.

Good morning from the Financial Times. Today is Monday, August 11th, and this is your FT News briefing.

The UK job market still looks bleak.

And US President Donald Trump is trying a new strategy to end the war in Ukraine.

Plus, AI is upending India's critical IT sector.

The computers are able to do many of these jobs

for which multiple people were required in the past.

I'm Jess Smith, and here's the news you need to start your day. The UK jobs market continues to look bleak, according to new reports.

A survey out today from KPMG and the Recruitment and Employment Confederation shows recruitment activity in July close to a two-year low.

It also points to slower pay growth and a glut of candidates.

Another report shows that only a quarter of employers expect staff levels to increase in the next three months.

16% expect they'll have to cut headcount.

The data isn't perfect. It's still hard to tell

whether employment is falling or simply stalling, which poses a challenge for the Bank of

...