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Story summary
- The Office for National Statistics reported UK wage growth slowed to 3.8% in the three months to January 2026.
- The unemployment rate remained at 5.2% (ONS).
- Youth unemployment rose to 14.5% among workers aged 18 to 24.
- Job vacancies remained stable as smaller firms reduced hiring.
- The Bank of England is expected to keep interest rates at 3.75% as analysts predict these economic pressures may lead to further job losses.
