Economy News Uk Regular Wage Growth Cools, In Line With Boe S View Of Economy

UK jobs market slows further as Bank of England considers rate cut

Britain's unemployment rate hit its highest since the start of 2021 and private sector pay growth was the weakest in nearly five years in the run-up to finance minister Rachel Reeves' annual budget ... Read More

Charting the Global Economy: ECB, UK, BOJ Diverge on Rate Moves

The European Central Bank left interest rates unchanged for a fourth straight meeting against a backdrop of near-target inflation and sturdier economic activity in the euro zone. Read More

UK consumers feel the pinch from tax increases as economy slows

British households saved less in the July-to-September period of this year as they felt the hit from higher taxes but still increased their spending, according to official data which confirmed a ... Read More

UK Unemployment Rises as Labor Market Eases Ahead of BOE Meeting

UK unemployment climbed to its highest level in almost five years and wage growth eased as a cooling labor market appeared to clear one of the final hurdles to a pre-Christmas interest-rate cut by the ... Read More

UK unemployment rises and wage growth slows ahead of Bank of England interest rate decision

UK unemployment rose and wage growth slowed, according to the Office for National Statistics (ONS), in further signs of weakness in the jobs market ahead of the Bank of England's (BoE) latest interest ... Read More

UK wage growth slows to 4.6% in three months to October, ONS says

British annual wage growth, excluding bonuses, slowed to 4.6% in the three months to October, the Office for National Statistics said on Tuesday. A Reuters poll of economists had mostly expected ... Read More

Wealthy Americans Are Spending. People With Less Are Struggling.

Data show a resilient economy. But that largely reflects spending by the rich, while others pull back amid high prices and a weakening labor market. Data show a resilient economy. But that largely ... Read More