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UK jobs fall by most in over four years as election nears

Britain's employers cut more jobs from July to September than in any quarter for four years, according to official data, which highlighted how the labour market is slowing as an election nears although the fall was smaller than economists forecast.

Bank of England surprises as two officials back rate cut

Two Bank of England officials unexpectedly voted to lower interest rates on Thursday to ward off an economic slowdown, and others including Governor Mark Carney said they would consider a cut if global and Brexit headwinds do not ease.

Britain's plan to raise minimum wage backed by review

Britain's plan to raise the minimum wage to two-thirds of median earnings, taking it to 10.50 pounds an hour, was endorsed by an independent review on Monday that found setting a floor on pay had a negligible effect on job creation.

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