Average weekly earnings before bonuses were up 5.1 per cent year-on-year in the three months to the end of July, in-line with expectations, while the unemployment rate eased to a 2024 low of 4.1 per cent, fresh data from the Office for National Statistics shows.
The FTSE 100 is down 0.4 per cent in early trading. Among the companies with reports and trading updates today are Abrdn, Centamin, Schroders, Wickes, Serica Energy and IQE. Read the Tuesday 10 September Business Live blog below.
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Calls for Oasis and Ticketmaster to refund fans hit by dynamic pricing
State pensioners in line for a £460 rise to £11,960 next April
IQE swings to profit – but shares plummet amid uneven market recovery
FTSE 250 gold miner Centamin set for £1.9bn takeover
Abrdn names interim boss Jason Windsor as permanent CEO
One in three savers still holds savings in their bank account
Former Pizza Express chairman takes over at struggling Revolution Bars
Britain’s debt headache isn’t the fault of the Tories: ALEX BRUMMER
Market open: FTSE 100 down 0.5%; FTSE 250 up 0.1%
Burberry in crisis as shares plummet to 15-year low
Boost for Britain’s jobs market as unemployment rate falls to 4.1%
Grocery price inflation returns to easing trajectory
‘Goldilocks’ labour market sets stage for BoE rate cut this month
MARKET REPORT: TGI Fridays owner on the brink as stock falls 90%
Aldi plots new stores to take on rival Asda as profits soar and sales hit record high
Competition watchdog weighs probe of Carlsberg’s £3.3bn takeover of Britvic
Kate Middleton’s wedding dress designer Sarah Burton gets top job at Givenchy
Wage growth data ‘should go a long way to easing’ Bank of England’s reinflationy concerns
Centamin set for $2.5bn takeover
Abrdn confirms Jason Windsor as new CEO
Wage growth eases to 5.1%