UK official reserves changes for March GBP +77mln vs -360mln prev

UK March official reserves changes report 5 April
Also out :
Q4 unit labour costs  yy
–  yy2.1% vs 2.0% exp vs 2.5% prev revised up 2.3%
– qq -0.4%, biggest fall since Q2 2014
Little to glean from the reserves report but better qq labour costs not offsetting yy losses and the UK’s productivity issues still causing concern.