The UK job market is showing more signs of cooling with online vacancies and pay offers falling, reports Reuters, citing data from job aggregator Adzuna. Online job adverts fell by 1.6% in September from August, bucking the usual end-of-summer bounce in job postings, and advertised salaries fell by the same amount, Adzuna said. "September traditionally sees a surge in job market activity but the figures we're seeing this year could signal a cooling off of the job market, which had shown signs of resilience earlier in the year," Adzuna co-founder Andrew Hunter said. The Office for National Statistics said earlier this month its measure of job vacancies fell to a two-year low of 988,000 in the three months to September.

The Bank of England, which is widely expected to leave interest rates at their 15-year high of 5.25% on Thursday, is trying to gauge how much inflationary heat remains in the job market. Its task has been complicated by problems at the UK’s official statistics office in conducting its surveys of the workforce.