- 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.