- The UK job market shows signs of slowdown, with the unemployment rate at 4.2% in June to August.
- Businesses are hiring less due to the impact of rising prices and higher interest rates.
- The Bank of England is set to decide on interest rates in November, with expectations of keeping rates steady.
- UK economic growth has been sluggish in recent months.
- There is concern that the economy is weakening, and a potential mild recession could be on the horizon.
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Interest Rates Tipped to be Held as Jobs Market Weakens
- Written by Nikita Parihar
- on the 27 October 2023
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QUICK LINKS
Menu
GET IN TOUCH
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- 167-169 Great Portland Street 5th Floor London W1W 5PF
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Copyright © 2023 Walter and Associates. All Rights Reserved.
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