UK labour market exodus drives jobless rate down to 3.5%
Britain reported a record jump in the number of people leaving the labour market in the three months to August, adding to the Bank of England’s inflation headaches.
Analysis: Europe Inc’s wage hikes alarm investors as worries about recession grow
Plans by European companies to hike wages and pay one-off bonuses to help staff cope with a torrid winter are raising alarm among investors concerned that the extra cost could hurt profits and undermine the region’s economy.
