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Evening Standard
Evening Standard
Business
Graeme Evans

FTSE 100 Live 17 February: Jobs market weakness fuels rate cut bets, pound falls

Unemployment Liz McKeown Graeme Evans United Kingdom Office for National Statistics The Bank of England
FTSE 100 Live - (Evening Standard)

Weak labour market figures today fuelled expectations of another Bank of England interest rate cut.

Sterling fell as the ONS said the UK’s unemployment rate rose to a near five-year high and annual wage growth eased more than expected.

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