But pay growth stayed strong, with the increase in basic pay hitting a record high excluding the pandemic period, keeping pressure on the Bank of England to continue raising borrowing costs despite the economic slowdown.
The number of job vacancies in the August-to-October period fell to 1.23 million, its lowest since late 2021. The BoE fears that Britain's shrinking labour market will add to inflation pressures, forcing it to keep on raising rates even as the economy heads into an expected recession. Wages are rising by far less than inflation which is expected to have hit 10.7% in data due on Wednesday, hitting the spending power of British households.
Christliche TERORIST worde gestern in Istanbul zusammen gefaltet und eingepackt 💪🇹🇷💪
You dont like the UK and its people do you ?
UK should send some money to Ukraine. Infact why don't UK send it's unemployed people as mercenaries in Ukraine and pay them for the service. 🖕
Tired of this fake news media propaganda. Kiss my ass goodbye Reuters 🖕🏿
Unexpectedly lol…that’s the plan
vaccines fell?
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Source: Reuters - 🏆 2. / 97 Read more »