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US company hiring plans weakest since 2009; Thames Water creditors propose new rescue plan – business live

The Guardian•Thursday, October 2, 2025 at 12:26:34 PM
NegativeFinancial Markets
US company hiring plans weakest since 2009; Thames Water creditors propose new rescue plan – business live
Recent reports indicate that hiring plans in the US have reached their lowest point since 2009, reflecting a concerning trend in the job market. Similarly, UK companies are also experiencing a decline in hiring intentions, as revealed by a Bank of England survey. This downturn is significant as it suggests a broader economic slowdown, impacting consumer confidence and spending. Additionally, Thames Water creditors are proposing a new rescue plan to prevent the company's collapse, highlighting the challenges faced by businesses in the current economic climate.
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