Brent crude tumbles below $70 per barrel as oversupply fears hit oil price – as it happened

Brent crude has hit its lowest level since December 2021

• UK state pension could rise by about 460 a year from April, wage growth figures suggest

Vacancies also continue to fall.

Today's labour market report estimates that the number of vacancies in the UK decreased by 42,000 in June to August, to 857,000.