UK wage growth fell in the three months to September, buoying hopes of another interest rate cut from the Bank of England.
Average regular earnings growth eased back to 4.8% in the three months to September, down from 4.9% in the previous three ...
(RTTNews) - The UK unemployment rate rose more than expected in the third quarter and wage growth softened, adding pressure on the Bank of England to cut interest rates further. The ...
UK wage growth cooled by less than expected, a reading that is likely to entrench caution at the Bank of England over cutting ...
LONDON (Reuters) - Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed ...
UK unemployment rose to 4.3% in the three months to September, higher than expected and up from 4% in the three months to ...
Overall, the labour market data gives the BoE no reason to deviate from its stated preference for a gradual cutting cycle. Disregarding the distortions caused by one-off payments, the underlying data ...