Bank of England policymaker concerned by rise in unemployment

Bank of England interest rate-setter Catherine Mann said British inflation data published this week represented “good numbers” although there was not as much improvement in the underlying figures as the central bank had hoped to see.

Mann, in an interview with Kathleen Hays Presents: Central Bank Central, a podcast, said a recent rise in the unemployment rate was “very much of a concern” and the BoE was getting close “to some sense of where monetary policy is balanced between the inflation...