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UK Wage Growth Slows Less Than Expected; Jobless Rate Down

UK pay growth eased at a slower than expected pace in the fourth quarter and created a bumpy road ahead for an interest rate cut as the Bank of England awaits more signs of easing in the labor market. ....

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Softening UK Wage Growth Boosts Rate Cut Hopes

The UK wage growth softened in the three months to November suggesting that the upward inflationary pressures are cooling, and bolsters the case for interest rate cuts by the Bank of England. ....

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UK Wage Growth Slows, Jobless Rate Stable At 4.2%

The UK wage growth slowed more than expected in three months to October raising expectations that the Bank of England will cut interest rates as early as next June. ....

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