(Reuters) -Sterling fell on Tuesday, after data showed British unemployment rose, while annual wage growth slowed slightly to 4.6% in the three months to September compared with a year earlier. The
Pound Declines as UK Jobless Rate Rises and Wage Growth Slows
(Reuters) -Sterling fell on Tuesday, after data showed British unemployment rose, while annual wage growth slowed slightly to 4.6% in the three months to September compared with a year earlier.
The Bank of England is closely watching pay growth for signs of how persistent domestic inflation pressures are likely to prove.
The pound was last down 0.39% to $1.31205, while the euro rose 0.36% to 88.03 pence.
(Reporting by Stefano Rebaudo; Editing by Amanda Cooper)
