Unemployment up to 7.1%

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UK unemployment has risen to 7.1%, a bigger increase than expected. The Pound has not reacted too badly, although a slight dip from the day's highs against both the Euro and US Dollar have made sending money abroad slightly more expensive.

Exchange rates remain reasonably stable but are likely to be sensitive to data releases for the rest of the week.

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Unemployment up to 7.1%

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