The pound slipped on Tuesday after data showed the British labour market weakened in July even as wage growth stayed strong, and as the dollar advanced. Sterling rose after the data was released but pared its gains and was last down 0.27% at $1.2475, after climbing 0.35% on Monday. Britain’s unemployment rate ticked up to 4.3% in the three months to July, from 4.2% in June, figures from the Office for National Statistics showed on Tuesday. That was despite wages excluding bonuses standing 7.8% higher than a year earlier in the three months to July, in line with economists’ expectations and matching the record pace set in June. Part of the fall in the pound was down to a rise in the dollar,
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