UK wage growth slows and unemployment rate rises as companies react to Iran war – as it happened

Jobless rate unexpectedly rises to 5% and employment falls by 100,000, biggest drop in six years; economists say June interest rate hike looks less likelyOur economics editor Heather Stewart reports:I’m in a book-lined conference room in Westminster where Conservative shadow chancellor Mel Stride is delivering a speech about fiscal policy, hosted by the Thatcherite Centre for Policy Studies. Continue reading...