Strong UK jobs growth puts BoE on the spot over rates


LONDON: British employers hired a record number of staff in November, adding to signs that the labour market withstood the end of the government's furlough scheme and underscoring the Bank of England's dilemma as it meets on interest rates this week.

Tax office data showed 257,000 people joined company payrolls last month, the most since records began in 2014.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bank of England , interest rates

Next In Business News

NationGate to ride on higher production yields
Australia’s DC power use seen jumping sevenfold
Japanese�firms change names to increase recognition
Weak yen may force BoJ to hike rate next month
Deutsche Bank sees fresh BSP rate hike to 5%
Bateriku and Respond.io make Forbes Asia’s 100 to Watch 2026 list
All fired up about El Nino
Kuantan Port targets wider liquid cargo mix with PETRONAS tie-up
SoftBank plans US$6.3bil retail bond sale in Japan
Shipping�oil through Hormuz costs US$20mil, Total CEO says

Others Also Read