Likely 4% pension rise next year could help defuse row facing chancellor over winter fuel payment
Among the many figures included in the monthly health check of the UK labour market from the Office for National Statistics one had special significance: the annual increase in average earnings.
That’s not because the other pieces of data don’t matter. The jobless rate (which fell from 4.2% to 4.1%), the number of people in work, the level of vacancies and the days lost through strikes all convey important information about the state of the economy.
Continue reading…Likely 4% pension rise next year could help defuse row facing chancellor over winter fuel paymentUK state pension could rise by about £460 a yearBusiness live – latest updatesAmong the many figures included in the monthly health check of the UK labour market from the Office for National Statistics one had special significance: the annual increase in average earnings.That’s not because the other pieces of data don’t matter. The jobless rate (which fell from 4.2% to 4.1%), the number of people in work, the level of vacancies and the days lost through strikes all convey important information about the state of the economy. Continue reading…