Rolling coverage of the latest economic and financial news, as Google suffers a a major Cloud outage in its London region this morning The pound has rallied after Britain’s unemployment rate fell unexpectedly this morning to 4. 7%. Sterling has gained half a cent against the US dollar to $1.
Source: [Guardian Tech](https://www.theguardian.com/business/live/2026/oct/20/uk-unemployment-rate-pre-budget-boost-wages-vacancies-latest-news-updates)