By Jonathan Davies

The pace of hiring permanent staff in the UK slowed to a four-month low in May, according to KPMG and the Recruitment and Employment Confederation (REC).

The number of positions made available fell to their slowest in 2015. However, the report did find that hiring on short-term contracts had sped-up from April.

KPMG and the REC said that businesses needed time to "digest" the result of the general election and what an all-Conservative government meant for their business.

The report also found that starting salaries of permanent staff grew at a much slower pace than in April, which saw pay rise at a nine-month high.

KPMG partner Bernard Brown said: "The UK job market saw a slight slowdown in May, as those on boards took time to digest the election result and work out the ramifications for their business.

" The public sector continues to suffer, with pay growth rising by just 0.2% in the last reported quarter."