
2025 • Aug 12
The UK labour market is cooling but this is a slowdown, not a collapse
The NICs rise, tariffs and weak consumer spending have hit firms but there are crumbs of comfort for the chancellor
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The NICs rise, tariffs and weak consumer spending have hit firms but there are crumbs of comfort for the chancellor

City predicts quarter-point drop to 4% when MPC meets on ThursdayBank of England policymakers are widely expected to cut interest rates this week to prevent the economy sliding backwards ami...