Unemployment nears the 7% threshold - will interest rates rise?

Britain’s unemployment rate has fallen sharply. It now hovers just above the Bank of England’s 7% target. So are interest rates likely to start heading up?

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Mark Carney: about to raise rates?

Unemployment fell sharply in the three months to November, to 7.1% just above the Bank of England's target of 7% and below analysts' expectations of 7.3%.

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Antonia is a financial writer and editor with more than 15 years of experience in print, digital and broadcast media. She is currently a content editor for M&G Investments and previous to that she has worked for Reuters, CNBC, BusinessWeek, the BBC World Service and TheStreet.com's Real Money. Antonia has also done freelance writing for titles such as The Banker, Euromoney and MoneyWeek.