UK unemployment falls but wage growth weakens

Jobless rate of 5.1% is lowest since 2006 but slowdown in pay growth likely to further delay any interest rate rise amid signs the UK recovery is cooling fast

Wage growth slowed in November to its lowest rate since February 2015 in the latest signal that the pace of Britain's recovery is rapidly cooling down.

Wages grew at 2% in the three months to November, down from 2.4% in the previous month, after breaking through the 3% barrier in the summer.

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