Unemployment Rate

Bank of England keeps interest rates unchanged at 5.25%

Following 14 straight rate rises, the Bank of England (BoE) has kept interest rates unchanged at 5.25%. At its latest…

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Wage growth starts to outpace rate of inflation

Pay growth has caught up with the rate of inflation for the first time in nearly two years, as wages…

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Unemployment rises to 3.9%

The unemployment rate for January to March 2023 increased by 0.1 percentage points during the first quarter to 3.9% amid…

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Bank of England raises interest rates by 0.5% to 3.5%

The Bank of England (BoE) has announced that interest rates will be raised by 0.5%, bringing the base rate of…

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Unemployment rate rises to 3.6%

The unemployment rate for July to September 2022 increased by 0.2% on the quarter to 3.6, according to the latest…

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Unemployment at lowest level in 50 years as pay levels fall

The UK unemployment rate dropped to 75.5% for June to August 2022, down 0.3 percentage points from the previous quarter…

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Wages see highest fall on record amid rising inflation

Regular pay in the UK has fallen by a “record” 3% in the quarter ending June 2022, the steepest decline…

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BoE hikes rates to 1.75%, warns UK to enter recession until 2024

The Bank of England (BoE) has raised interest rates from 1.25% to 1.75%, marking the biggest rise in rates since…

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Cost of living crisis could lead to ‘mild recession’, report warns

There is a rising risk of the UK economy falling into a “mild recession” due to the cost of living…

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BoE raises interest rates to 1.25%

The Bank of England’s (BoE) Monetary Policy Committee has voted to raise interest from 1% to 1.25% – marking its…

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