Unemployment rate 5%

ILO jobless rises 118,000 in 3mths to 2,685 mln in Nov (8,4% vs expectations of 8.3%)

LFS employment up 18,000 to 29,119 in 3mths to Nov

Av Weekly earnings +1.9% (exp +2.0%) for 3mths to Nov

No real surprises with Cable steady in the 1.5350’s

UPDATE: Bids apparently in place at 1.5320/30 stops below ahead of more bids around 1.5300. Tech res towards 1.5375/85 and offers above at 1.5410/25