---
title: "🚨 UK payrolls have dropped by 185,000 since the October budget, as higher employment costs bite. Th"
description: "🚨 UK payrolls have dropped by 185,000 since the October budget, as higher employment costs bite. The jobless rate has climbed to 4.7%, its highest in four years reinforcing signs that Britain’s labor"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/100000000156273.md"
published_at: "2025-07-23T00:27:29.000Z"
author: "[StockMarket.News](https://longbridge.com/en/profiles/21806507)"
---

# 🚨 UK payrolls have dropped by 185,000 since the October budget, as higher employment costs bite. Th

🚨 UK payrolls have dropped by 185,000 since the October budget, as higher employment costs bite.

The jobless rate has climbed to 4.7%, its highest in four years reinforcing signs that Britain’s labor market is cooling fast under the weight of post-budget policy shifts.

Source: StockMarket.News

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.