- Friday, 26 May 2017
- News
The pound drops below $1.28 as the Tories' poll lead continues to shrink
The pound is more than 1% lower on Friday after a poll showed the Conservative Party's lead in the general election narrowing substantially. The poll, published by YouGov late on Thursday, showed the Labour Party increasing its projected vote share by five points to 38%, while the Conservatives saw theirs drop to 43%, a fall of one point. While the party still has a solid lead, projections done alongside the poll show that if the results were repeated on June 8, Theresa May's majority in parliament would be reduced to just two seats.
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- Wednesday, 17 May 2017
- News
UK Unemployment Rate fell to 4.6%
There were 1.54 million unemployed people (people not in work but seeking and available to work), 53,000 fewer than for October to December 2016 and 152,000 fewer than for a year earlier. The unemployment rate (the proportion of those in work plus those unemployed, that were unemployed) was 4.6%, down from 5.1% for a year earlier and the lowest since 1975. Read more...
- Tuesday, 16 May 2017
- News
UK CPI up more than expected
The Consumer Prices Index including owner occupiers’ housing costs 12-month inflation rate was 2.6% in April 2017, up from 2.3% in March. The rate has been steadily increasing following a period of relatively low inflation in 2015 and is at its highest since June 2013. Air fares were the main contributors to the increase in the rate in April 2017, although this balanced out a downward effect of similar magnitude in March 2017 and is due to Easter falling later than last year.
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- Thursday, 11 May 2017
- News
UK Industrial Production fell by 0.5%
The Index of Production for Quarter 1 (Jan to Mar) 2017 was estimated to have increased by 0.1%. Increases of 0.3% in manufacturing and 1.8% in mining and quarrying were offset by a fall of 4.3% in energy supply. In March 2017, total production decreased by 0.5% compared with February 2017, due to falls of 4.2% in energy supply and 0.6% in manufacturing. Read more...
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