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The uk, unemployment rose to 4. 2 in the uk, unemployment rose to 4. 2 in the three months tojune, up from 3. 9 in the previous three months. Average wages, not including bonuses, grew at a record rate of 7. 8 during that same period, which is almost the same as the latest uk Inflation Measure of 7. 9 , which was recorded injune. It means average pay has almost caught up with price rises. Lets discuss that now with jane foley, who is head of strategy at a bank. It sounds good that wage growth has caught up with inflation, but is there something more complicated at play here . There is alwa s a complicated at play here . There is always a sting complicated at play here . There is always a sting in complicated at play here . There is always a sting in the complicated at play here . There is always a sting in the tail complicated at play here . There is always a sting in the tail with always a sting in the tail with economic data. What it does mean is that it economic data. What it does m

Record rateCelebrity consultantsWorld business reportInterest ratesIndustrial output4 23 9Inflation measurePrice rises7 87 9Wage growthJane foleyHiking interest ratesBank of englandAlwa sa