The UK economy continues to look hot. According to official statistics, in the first quarter of the year, the unemployment rate fell to 6.9% from 7.1%. This 6.9% level is actually below the 7% threshold that the Bank of England had previously set as a key target. Wages are also rising, with pay 1.7% higher than a year earlier.

Topics:  uk   bank   england   finviz   british   pound   unemployment rate   year   
BING NEWS:
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