Surprise drop in UK unemployment to 4.7% as John Healey’s first budget looms

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Surprise drop in UK unemployment to 4.7% as John Healey’s first budget looms

The Guardian · Oct 20, 2026, 8:39 AM UTC

Latest ONS data presents mixed picture amid slump in job vacancies and analysts warning labour market is ‘running on idle’ Business live – news updates Healey to reject calls to raise CGT in budget Unemployment in the UK has fallen unexpectedly in the final snapshot of the jobs market before John Healey’s first budget next week. The jobless rate fell to 4.…

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