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The Independent UK
The Independent UK
Business
Karl Matchett

Business news live: UK unemployment at four-year high with firms ‘feeling the heat from raft of cost-pressures’

The FTSE 100 rose yesterday but all investors’ eyes remain on the US, with Donald Trump extending a trade deal deadline once more with China, while also seeming to allow chipmakers to export to the Asian nation - soon after having blocked shipments heading there.

Domestically, the UK job market is showing four-year highs for unemployment levels, lower new vacancies being posted - but still fairly strong wage growth, leaving some businesses struggling to cover additional costs they have been hit with this year.

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