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UK inflation slows by less than expected to 3.2% in March

UK inflation slows by less than expected to 3.2% in March

British consumer price inflation slowed by less than expected to 3.2% in annual terms in March, down from a 3.4% increase in February, the Office for National Statistics said on Wednesday. The Bank of England and economists polled by Reuters had forecast an annual rate of 3.1%. Core inflation, which excludes energy, food and tobacco...

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UK unemployment rises more than expected as job market cools

UK unemployment rises more than expected as job market cools

The unemployment rate in Britain has risen by more than expected and wage growth has eased back once again in the latest sign that economic uncertainty is affecting the U.K. jobs market, although leaving the door open for an interest rate cut according to analysts. The Office for National Statistics (ONS) said the jobless rate...