The UK employment rate hit a record high and the jobless rate remained unchanged in three months to November, data from the Office for National Statistics showed Tuesday. more...
UK total pay growth sustained its strong momentum in the three months to February, growing at the fastest pace in over a decade, as employers ramped-up hiring to a fresh record high, ahead of a possibly chaotic Brexit. The total pay grew 3.5 percent year-on-year in the three months to February, same as in December and January, preliminary data from the Office for National Statistics showed. more...
UK employment level climbed to a record high in the three months to January, while the jobless rate eased to its lowest level since the mid-1970s, preliminary data from the Office for National Statistics showed on Tuesday. more...
Trading the News: U.K. Industrial & Manufacturing Production A rebound in U.K. Industrial & Manufacturing Production may boost the economic outlook for the U.K. economy and spur a near-term rebound in GBP/USD as it raises the scope for a stronger-than-expected recovery. What’s Expected: Why Is This Event Important: Beyond the looming U.K. Referendum in June, positive data prints coming out of ...
A 0.4% rebound in U.K. Retail Sales may heighten the appeal of the British Pound and fuel the near-term breakout in GBP/USD as it puts increased pressure on the Bank of England (BoE) to raise the benchmark interest rate off of the record-low. What’s Expected: Why Is This Event Important: Positive data prints coming out of the U.K. economy may highlight a tightening race between the BoE/Fed to normalize monetary ...