Sterling falls as UK wage growth slows in December
LONDON, U.K.: The pound has weakened sharply this week after fresh data showed Britain's labour market losing momentum, with wage growth slowing and unemployment edging higher.
Sterling fell 0.29 percent against the dollar to US$1.359, down from $1.3613 before the figures were released. Losses continued through this week, and by Thursday the pound had sliced through the crucia