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Tag Archives: GB

UK wage growth points to another rate hike, but unemployment rises

September 12, 2023 Target 0

Workers walk through the financial district of Canary Wharf ahead of the Bank of England’s interest rate decision in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo License Rights Purchase The unemployment rate is increasing, vacancies are decreasing Strong wage growth prompts the Bank of England to raise rates again …