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UK Jobless Rate Rises Unexpectedly In Q2

The UK unemployment rate increased unexpectedly in the second quarter, the Office for National Statistics revealed on Tuesday. The jobless rate rose to 4.2 percent in three months to June, while it was forecast to remain unchanged at 4. ....

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UK Wage Growth Signals Another Rate Hike In September

Although the UK unemployment rate rose in the second quarter, wage growth accelerated more than expected, raising the chances of the Bank of England raising interest rates by another quarter-point in September. ....

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