Policymakers expected to keep rates at 5.25% after official figures show rise in UK unemployment
Analysis: Change to jobs market data could not come at worse time for Bank of EnglandBusiness live – latest updates
Bank of England policymakers are expected to hold interest rates at their current 5.25% level for a second time next week after the UK jobs market showed signs of slowing down.
Official figures released on Tuesday indicated that the unemployment rate rose to 4.2% between June and August, up from 4% in the March-to-May quarter.
About Author
More Stories
Xi Jinping tells Alibaba’s Jack Ma and Chinese tech chiefs to ‘show their talent’
‘I felt nothing but disgust’: Tesla owners vent their anger at Elon Musk
Nigeria sues crypto giant Binance for $81.5bn in economic losses and back tax