Bank of England could hold interest rates steady despite markets’ expectations of cuts in new year
Workers in the UK achieved a fifth month of inflation-busting wage rises in October, but bumper pay rises could be a thing of the past, according to the Office for National Statistics.
The average wage increase without bonuses was 7.3% in October, down from 7.8% in the latest ONS data.
Continue reading…Bank of England could hold interest rates steady despite markets’ expectations of cuts in new yearUK pay growth drops sharply as job vacancies fallBusiness live – latest updatesWorkers in the UK achieved a fifth month of inflation-busting wage rises in October, but bumper pay rises could be a thing of the past, according to the Office for National Statistics.The average wage increase without bonuses was 7.3% in October, down from 7.8% in the latest ONS data. Continue reading…
