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UK jobless rate rises; wage growth still moderate

Figures leave BOE waiting for stronger labour market numbers to justify new rate hike

Data showed the sharpest increase in the number of people in Britain out of work in almost five years.


BRITAIN'S jobless rate unexpectedly rose for the first time in almost two years and pay growth remained modest, leaving the Bank of England waiting for the stronger labour market that would justify a new interest rate hike.

British government bond prices rose and sterling...

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