UK pay growth slows less than expected as workers bid up wages

Pay growth slowed less than expected in December, prompting predictions the Bank of England could start cutting interest rates later than previously expected. Earnings growth, excluding bonuses, fell only modestly to 6.2% in October to December 2023 from a revised 6.7% in the previous three…#bankofengland #georgebuckley #nomura #ons #jackkennedy #lizmckeown #healthfoundation #jakefinney #jeremyhunt #tuc

Source: Reuters: Health - February 13, 2024 Category: Consumer Health News Source Type: news