UK unemployment rate drops to 7.1%
The Bank of England has said there is no rush to raise interest rates, despite a fall in unemployment.
The jobless rate now stands at 7.1%, which is just above the 7% mark at which the Bank said it would consider raising interest rates from their current all-time low.
The latest figures show that the number of people in work also grew by a record amount.
Hugh Pym reports.
22 Jan 2014
- From the section Business