Mailwatch(ed) Forum

Tubby Isaacs wrote: ↑Tue Apr 21, 2026 10:05 am

UK unemployment shows surprise fall to 4.9% as pay growth drops to lowest in five years
Bank of England expected to keep interest rates on hold as Iran war casts shadow over labour market

Quite a large fall too (from 5.2%). Possibly a fluke or possibly business was adjusting to the higher costs better than lots of people expected.