A report released Friday from the Recruitment & Employment Confederation and multinational accounting firm KPMG showed permanent job placements in the United Kingdom are on the decline [File: Toby Melville/Reuters]

Demands of employers in the United Kingdom for staff grew in October at the slowest rate in almost eight years, a survey showed on Friday, underlining suspicions at the Bank of England (BoE) that the labour market may be losing its strength.

A monthly index of job vacancies from the Recruitment & Employment Confederation and global accountancy KPMG fell to 51.7 from 52.6 in September, its lowest level since January 2012.

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