The UK unemployment rate dropped unexpectedly in the three months to January, thanks to the extended furlough scheme, data from the Office for National Statistics revealed on Tuesday.
Moreover, there was small increase in the number of payroll employees in three months to February.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.