Small caps: UK bucks the borrowing trend
While government debt is on the rise around the globe, UK households seem to be heading in the opposite direction
While government debt is on the rise around the globe, UK households seem to be heading in the opposite direction
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Salaries excluding bonuses increased by 5.2% between August and October this year
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Wage growth slows but unemployment rate decreases
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Unemployment levels came in 20 basis points lower than the Bank of England’s forecast
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The 2% uptick in real earnings ‘will be of concern to the Bank of England’
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ONS warns figures are ‘likely to be revised when more data is received next month’
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Mixed data ‘muddies the waters’ for the Bank of England
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60 basis points below the ONS’s growth figures released last month
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Markets are still expecting the Bank to strike a more dovish tone in 2024
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Pay growth, excluding bonuses, further eased to 7.3% in October
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Wage growth excluding bonuses eased to 7.7%
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7.8% increase between June and August
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