UK wage growth eases in sign of softening labour market

Rwanda and the Tories: UK Prime Minister Rishi Sunak tries to secure a parliamentary vote for his “emergency” legislation to save his Rwanda migration policy. The proposed law has many critics on the right and left of his Conservative party. 

Economies: The ZEW economic sentiment survey is expected in Germany, while the UK releases December labour market figures.

Central banks: François Villeroy de Galhau, governor of the Bank of France, gives a guest lecture in Frankfurt.

Thames Water: Cathryn Ross and Alastair Cochran, interim co-chief executives of the utility, will be grilled by a parliamentary panel over £500mn presented as “new equity funding”. The Environment, Food and Rural Affairs Committee will also question regulator Ofwat’s chief executive David Black and chair Iain Coucher.

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