Unemployment fell back to a multidecade low and wages rose at their fastest pace since the financial crisis during November, according to Office for National Statistics data released Tuesday, as th…
Read more →
The labour market remained in rude health during October, keeping the unemployment rate close to a multi-decade low and helping to lift the rate of wage growth to its highest level since April 2010…
Read more →
U.K. wages grew faster-than-expected in August according to the latest labour market statistics released by the Office for National Statistics, news that allowed Sterling to recover more of the los…
Read more →
The Bank of England's Chief Economist and prominent Monetary Policy Member Andy Haldane has told a gathering in London that the U.K. is seeing a "new dawn breaking for pay growth."
Read more →
The Pound advanced further on rivals Tuesday after official data showed wage pressures building in the UK's tight labour market while traders also continued to reward signs of progress in the …
Read more →A busy week of UK data releases kicks off today with employment and wage data due for release at 09:30 B.S.T.
Read more →Official data shows the UK economy continues to create jobs at a robust pace with May seeing a record proportion of the population participating in the labour market.
Read more →Pound Sterling erased earlier losses and advanced against the developed world currency basket Tuesday after the latest labour market report showed the UK economy continuing to create new jobs at a …
Read more →The British Pound firmed as a highly-anticipated set of labour and wage data broadly met expectatations.
Read more →The Pound pared earlier gains Tuesday as traders responded to a mixed labour market report, which showed wage packets growing slower than was expected in February, while the unemployment rate fell …
Read more →
But businesses still proving reluctant to push pay rates higher, something the Bank of England is looking for to justify raising interest rates in 2018.
Read more →The Pound rose strongly against a basket of developed world currencies Wednesday as markets responded to the latest volley of labour market data, which showed UK wages growing faster than expected …
Read more →
The outlook for Pound Sterling brightened Monday when an IHS Markit survey showed a rise in UK wage pressures during the current month, which is something that is sure to grab the attenti…
Read more →Unemployment may be at historic lows but that doesn't seem to be increasing pay, as traditional economic theory would suggest.
Read more →Wednesday’s data comes at a time when the unemployment rate has held at a 42 year low for five months and wages have seen their longest run of uninterrupted growth since before the financial crisis…
Read more →
The UK is enjoying a heyday of full employment according to recent data and this will push up wages soon, say economists, but this may not be the whole story suggest examples from other countries.
Read more →
Markets will now have one eye on the Bank of England after Wednesday's labour market data reinforced expectations that a pickup in wages is underway.
Read more →Permanent placements rise at quicker pace as temporary billings continue to expand sharply, meanwhile demand for staff moderates slightly but remains robust.
Read more →
The squeeze on UK wage packets has eased. Markets will now focus on Thursday's Bank of England meeting and European Council summit.
Read more →
UK labour market statistics form the economic highlight for Pound Sterling today.
Read more →