Freighters hijacked from UK due to supply chain crisis – .

Freighters hijacked from UK due to supply chain crisis – .

Job vacancies reached an all-time high as the number of salaried employees returned to pre-Covid levels, signaling a solid recovery in the UK labor market.

Job vacancies hit 1.1 million in the three months to September, as employers added 207,000 workers to their payroll.

The figures, which cover the final months of the holiday scheme, could encourage the Bank of England to raise interest rates as early as this year.

5 things to start your day

1) More tax raids inevitable to defeat social services crisis, economists warn Further tax hikes will be needed to tackle the health and social crisis, as the hikes announced by Boris Johnson are not enough to fund the NHS.

2) UK startups secure record £ 20bn from tech investors Tech lenders have invested record amounts in UK SMEs this year.

3) Cost of living crisis sparks recession fears Escalating energy prices, supply chain bottlenecks and tax hikes mean some economists are now worried Britain is facing another slump.

4) “Making a profit is more stressful than watching public finances,” says John Lewis boss President Dame Sharon White said last night that overseeing billions of pounds of taxpayer dollars was an easier task than running the retailer.

5) Ex-Chancellor Hammond joins London crypto firm ‘Spreadsheet Phil’ will serve as an advisor to Copper in his last private job since leaving politics.

What happened during the night

Asian stocks fell and the safe haven dollar held on Tuesday as the global energy crisis fueled inflation fears, clouding investor sentiment ahead of US corporate earnings season.

The largest MSCI index of Asia-Pacific stocks outside of Japan was down 0.9% at the start of trading, after US stocks ended the previous session with small losses. US equity futures, the S&P 500 e-minis, fell 0.43 pc.

Australian stocks slipped 0.29% while the Japanese Nikkei stock index slipped 1.03%.

China’s blue-chip CSI300 index was down 0.75%, while Hong Kong’s Hang Seng index opened down 1.35%.

Coming today

Intermediate results: French connection

Trade Update: To keep

Economy: BRC retail sales (UK), unemployment rate (UK), claimant count rate (UK), average earnings (UK), economic sentiment (EU)


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