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UK HMRC Payrolls Change (Jun) -4K (Prev. 2K)

Newsquawk Staff ·

UK HMRC Payrolls Change (Jun) -4K (Prev. 2K)

What it means

The latest UK payrolls change shows a decline of 4,000 in June, a notable shift from the previous gain of 2,000. This drop in employment may raise concerns about the labor market's strength and could lead to more cautious expectations regarding consumer spending and economic growth, potentially influencing Bank of England policy deliberations.

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