FILE PHOTO: People walk across a plaza in the financial district of Canary Wharf in London, Britain, May 26, 2026. REUTERS/Kevin Coombs/File Photo

United Kingdom permanent hiring fell in October for the first time in four months while starting salaries accelerated, according to recruitment data published on Monday. The survey follows the BoE decision to raise interest rates to 4%. Economists are now tracking how firms absorb rising costs.