“I have some breaking news for you to kick off. A very good morning to you. There’s some bad news for the Chancellor Rachel Reeves and working people because official figures just released by the Office for National Statistics show that the number of people in work fell by 93,000 in the year up to the August just gone,” Ranvir explained.

“That was an unexpected slight rise in the unemployment rate to 4.8 percent. The ONS’s director of economic statistics, Liz McKeown, has said that there was also some bad news in terms of how much people are being paid, with wage growth slowing down in the private sector to its lowest rate in nearly four years.

“But there was some good news for people working in the public sector, who saw wage growth increase for them thanks to bigger pay rises handed out by the government.”

Analysts said the data indicated that the UK jobs market was stabilising after year of volatility.

Job vacancies fell by 9,000 in the three months to September, and the ONS said that this was the 39th consecutive period in which job openings had fallen compared to the previous three months.

“After a long period of weak hiring activity, there are signs that the falls we have seen in both payroll number and vacancies are now levelling off,” Liz McKeown said in a statement.

She also said that the ONS was seeing different patterns among age groups, adding “the increase in unemployment was driven mostly by younger people”.

Elsewhere on today’s show, Richard and Susanna announced heartbreaking news from Gaza after 20 Israeli hostages and hundreds of Palestinian prisoners were released on Monday (October 13) as part of a US-backed ceasefire deal.

The hosts also spoke to Martin Lewis about preventing fraud and financial abuse, and celebrated Birds of a Feather star Lesley Joseph’s 80th birthday.