- The UK unemployment rate stayed steady at 3.8% in the three months between October and December, according to the Office for National Statistics, as expected.

Growth in average weekly earnings slowed to 2.9% from 3.2% in the previous month, missing market expectations of a 3.1% rise.

The claimant count, however, rose by just 5.5k, well under market expectations of a 20.2k rise.

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