What is the current unemployment rate in the UK and how does it compare historically?
European Stocks Rally From Low to Record Slight Gain
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The video discusses recent stock market trends, focusing on Burberry's lowered profit expectations and turnaround plan. It highlights Sonova's missed earnings estimates and market share losses. The UK employment data shows a cooling job market with stagnant wage growth, which the Bank of England is monitoring closely.
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OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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What concerns does the Bank of England have regarding wage pressures?
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