The UK’s unemployment rate rose slightly in the three months leading up to April, but wage growth was slower than expected, according to figures on Tuesday.
The National Bureau of Statistics said the UK’s unemployment rate rose to 4.6% from 4.5% in the first three months of 2025 for the period from February to April.
According to ONS, the last high unemployment rate was 4.7% between April and June 2021. The unemployment rate was in line with the consensus cited by FXStreet.
ONS said the average annual growth rate for revenue is 5.2% on regular revenue, excluding bonuses and 5.3% taking into account bonuses.
However, according to FXStreet, a regular revenue growth rate of 5.4% was projected, with a total revenue growth rate of 5.5%.
Regular revenue growth has eased from 5.5% in the three months ended March, and total revenue growth has declined from 5.6%.
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