UK: Faltering activity? – Westpac

Although UK’s labour data remains positive, with the employment rate reaching a record level (75.6%, unemployment rate of 4.2%), other data continues to show faltering activity, according to Tim Riddell, Research Analyst at Westpac. Key Quotes “The latest BoE Agents’ Report did show positives for manufacturing and exports. However, the retail & services sectors (majority […]

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