Pantheon Macroeconomics

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24th Oct 2022 19:07U.K., Daily Monitor

  • October’s business survey, vacancy and redundancy data are all consistent with a soft landing, for now.
  • The outlook for a sharp rise in firms’ borrowing costs, however, points to painful job losses next year.
  • The National Living Wage is on course to rise sharply in 2023, potentially compounding the job cuts ahead.

borrowing job losses labour labour market national living wage

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Keywords for: 26 Oct 2022 UK Monitor

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