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UK jobless claimant count falls in June at fastest rate in three years
The number of Britons claiming unemployment benefit fell for an eighth consecutive month in June and at its fastest rate for three years in the latest sign that Britain's economic recovery is gaining momentum. The Office for National Statistics said the number of people claiming jobless benefit fell by 21,200 last month. Economists had expected a drop of just 8,000. A large favourable revision to the prior month added to the robust picture. Britain's central bank has refrained from injecting fresh stimulus into the economy in the form of quantitative easing this year and focused its efforts on initiatives to boost ... (full story)
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