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15th Nov 2022 16:14U.K., Daily Monitor

  • Employment essentially held steady in Q3, despite the fall in GDP; vacancies have remained at a high level too.
  • But the rise in corporate borrowing costs looks set to be sharp enough to spark a wave of redundancies next year.
  • Wage growth was far too strong for the MPC too tolerate in September, but timelier data point to a slowdown.

borrowing corporate borrowing employment growth mpc q3 uk

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Keywords for: 16 Nov 2022 UK Monitor

borrowing, corporate borrowing, employment, growth, mpc, q3, uk, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence