FTSE 100 remains flat amid UK labor data and corporate updates - InvestingChannel

FTSE 100 remains flat amid UK labor data and corporate updates

UK labor market data revealed stronger-than-expected wage growth, with wages excluding bonuses rising by 6% in the first three months of 2024 compared to the same period the previous year. This makes an interest rate cut by the Bank of England at its next meeting uncertain, with money markets seeing…
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