Pound Rises As U.K. Unemployment Rate Falls - RTTNews

The British pound strengthened against other major currencies in the European session on Tuesday, after the U.K. unemployment rate declined in the three months to August. Data from the Office for National Statistics showed that the ILO unemployment rate stood at 4.7 percent in the June to August period compared to 4.9 percent in the preceding period. Subscribe to continue reading the article. This article is part of our premium content offering.Subscribe with a RTTNews subscription. Subscribe Now Already subscribed? Sign in by RTTNews Staff Writer For comments and feedback: editorial@rttnews.com Data from the Office for National Statistics showed that the ILO unemployment rate stood at 4.7 percent in the June to August period compared to 4.