BoE rate expectations remain aggressive. Looking ahead to next week, with little on the domestic front, the ebb and flow of risk appetite will dictate price action for the Pound. Meanwhile, upside is likely to persist for GBP/JPY heading into month-end. more...
Inflation data next week is expected to beat estimates again and UK finance minister Sunak contemplates billions more in spending to ease the cost-of-living squeeze more...
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...
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