Summer rate cut bets take toll on pound after unemployment soars 4.6% in wake of Labour's NI hike

Daily Mail // Business // Money

Summer rate cut bets take toll on pound after unemployment soars 4.6% in wake of Labour's NI hike

Tuesday 10th June 2025, 9:01PM

Joblessness climbed to 4.6% in the three months to April, the highest level since July 2021. The pound fell by more than a cent against the dollar.

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