UK Jobless Rate Rises to Nearly Three-Year High

The UK's unemployment rate has gone up, reaching its highest level in almost three years, and wages are not growing as quickly.

This is because the government increased taxes on businesses and the US put new tariffs on British goods.

As a result, experts think the Bank of England might lower interest rates to help the economy.

Investors are reacting with some uncertainty, with the stock market going up a little, but the value of the British pound decreasing.