It’s another busy week for UK economic data. Tomorrow, we get the latest unemployment figures. The two numbers to keep an eye on are the unemployment rate and the figure for annual wage growth. Wages have been rising at a healthy clip of more than 3% a year, which is significantly higher than inflation. Unemployment meanwhile, continues to hover near all-time lows. Then on Wednesday, we have the latest on public sector borrowing. On the corporate front, retailers giving their updates on Christmas trading include Dixons Carphone Warehouse and WH Smith.
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