The UK unemployment rate increased slightly in the three months to March, the Office for National Statistics said Tuesday.The jobless rate stood at 5.0 percent in the January to March period, up from 4.9 percent in the previous three-month period. The rate was expected to remain stable at 4.9 percent.In the corresponding period last year, the rate was 4.5 percent.The number of unemployed people to...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.