The UK unemployment rate remained unchanged in the three months to November and wage pressures intensified despite the economy heading into a recession.Data from the Office for National Statistics showed that the ILO jobless rate held steady at 3.7 percent in the three months to November, as expected.Average earnings excluding bonuses increased 6.4 percent in the three months to November, which wa...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.