Some British economic data just released shows that like-for-like retail sales fell by 0.1% in the year to August but that overall retail sales still showed an increase of 2.2% although this is also showing signs of decline. Consumers are being more conservative now in their spending habits.

Manpower UK in their latest jobs survey say that the rate of job cuts is set to decline in the next three months and that the fall may indeed completely stop come Q4.