James Woolcock

Britain's difficult geopolitical game has come to Parliament today.

This morning, Mike Johnson, the US Speaker of the House, is in the Commons to showcase the special relationship.

Hours later, in the same building, the Housing Secretary Steve Reid will announce the UK's decision on China's mega-embassy in London.

It's one of Beijing's key asks ahead of the UK Prime Minister's planned visit to China later this month.

But the two back-to-back events show the challenge Britain faces in trying to keep both superpowers on side.

In London, James Woolcock, Bloomberg Radio.

Evidence suggests employers are cutting back on hiring.

The REC and KPMG survey adds to the pile of evidence of a shakedown in the labour market.

Unemployment is near a five-year high, with many pointing to higher taxes making businesses start firing.

Normally, redundancies drop around Christmas, so the sharp move in the other direction is likely to worry Bank of England policymakers.

In London, James Woolcock, Bloomberg Radio.

Evidence suggests employers are cutting back on hiring.

The REC and KPMG survey adds to the pile of evidence of a shakedown in the labour market.

Unemployment is near a five-year high, with many pointing to higher taxes making businesses start firing.

Normally, redundancies drop around Christmas, so the sharp move in the other direction is likely to worry Bank of England policymakers.

In London, James Woolcock, Bloomberg Radio.