Three charts reveal why Woodford is cautious on rate rises

Talk about an impending interest rate hike is building in the UK, despite recent mixed messages from Bank of England Governor Mark Carney. However, one of the UK's leading investors, Neil Woodford, is not expecting an imminent rise, and these three charts reveal why.

The UK economy appears to be returning to rude health, with the UK's economic output recently passing its pre-recession peak. Many investors have used these growth statistics to predict interest rates will rise soon - possibly as early as the end of this year. However, stockpicker Neil Woodford has already made his own view clear, warning the real picture is not as rosy as it seems. Below, we reveal three charts about the UK economy which are worrying the income star. 1. Cumulative change in employment Woodford said: "Firstly, regarding the labour market, while the recent stren...