UK Latest: Labor Market Tightens as Wages Surge

The transcript discusses the unexpected resilience of the labor market and its implications for inflation and interest rates. Unemployment has fallen, and earnings have risen, leading to expectations of another interest rate hike. The pound has strengthened against the dollar, and strike actions have increased pressure on the government. The discussion also covers comments from Monetary Policy Committee members on inflation and market responses.

What actions were taken by junior doctors and passport workers in April?

What concerns did Catherine Mann express regarding the labor market and inflation?