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UK job vacancies fell to 712,000 in June, roughly half 2022 levels, as employers reduced hiring amid economic uncertainty and Middle East tensions affecting the labor market outlook.
Facilities management outsourcer Mitie has agreed to a £3.1bn takeover by private equity-backed rival OCS Group, ending nearly four decades as a publicly listed company.
UK government borrowing in June fell below expectations at £16bn, providing relief for new Prime Minister Burnham and Chancellor Healey as they announce VAT cuts on electricity bills.
Germany is reconsidering its coal phase-out plans amid rising global gas prices and supply concerns, with rising pressure from industry groups and political divisions within the government coalition.
A German court case seeks equal pay protections for approximately 300,000 disabled workers in sheltered workshops who currently earn less than the legal minimum wage.
Biotech company Vivani Medical is developing a tiny GLP-1 implant administered twice yearly to help patients maintain weight loss and reduce discontinuation rates associated with injectable obesity treatments.
