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UK Economic Data - UK wage growth slows; global chip stocks fall amid growing tensions between US, China and Taiwan – business live
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Sterling dips, UK wage data muddles BoE outlook
The pound dipped on Thursday, but still headed for a fourth weekly gain versus the dollar, after another round of UK data fed into the view that the Bank of England may not have as much scope to cut ...
UK wage growth edges down but remains above 5%
The Office for National Statistics said annual growth in average weekly earnings, including bonuses, slowed to 5.7 per cent, down from 5.9 per cent in the three months to April. Excluding bonuses, ...
UK economy is undergoing a reset – and it’s good news for your mortgage
The short answer is that the policymakers are worried that while headline inflation is down, the longer-term forces in the economy still seem to be pushing it back up. These include the rising cost of ...
Pound hits one-year high against dollar after UK inflation holds steady
The pound hit a one-year high against the dollar on Wednesday after UK inflation figures came in slightly above expectations at 2 per cent for June.