UK wage growth falls to four-year low as demand for workers slows – business live

Rolling coverage of the latest economic and financial newsThere’s a calm start to trading in London, where the FTSE 100 share index has dipped by 13 points, or -0.14%, to 9496 points.Mining stocks are leading the fallers, with Endeavour Mining (-4.3%) and Fresnillo (-3.5%) hit by a drop in the gold price, back below $4,000 per ounce, after a series of record highs.High Street footfall decreased by 2.5% in September (YoY), down from +1.1% in August.Retail Park footfall decreased by 0.8% in September (YoY), up from -1.1% in August.Shopping Centre footfall decreased by 2.0% in September (YoY), down from 0.0% in August.This was due largely to declines in Non-food sales, as fashion and full price big-ticket items were held back by lower consumer confidence. Gaming bucked the trend, thanks to some popular new releases. Food sales remained solid as the month saw the conclusion of football tournaments and two bank holidays, prompting spending on BBQs and picnics. Continue reading...

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