- The UK unemployment rate rose to 5.1% in the fourth quarter of 2020, the highest since 2016.
- Yet company payrolls rose in January, when the UK went into national lockdown, suggesting the jobs markets may be stabilizing.
- The UK suffered the worst slump out of the G7 in 2020 and has seen more than 120,000 deaths.
Belgium’s business confidence rose in February, boosted by improvements in all sectors, survey data from the National Bank of Belgium showed Monday. The business confidence index climbed to -4.4 from -7.5 in January. Morale improved strongly in the business services and trade sectors on more positive assessment of the demand outlook. The corresponding indexes rose by more than 6 percentage points.