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UK pay growth leaps to 5.2%, reducing chances of interest rate cut

Source link : https://intellinews.org/2024/12/17/uk-pay-growth-leaps-to-5-2-reducing-chances-of-interest-rate-cut/

Rise in wages for skilled workers in manufacturing sector drives increase, but vacancies fall againBusiness live – latest updatesUK pay growth accelerated to 5.2% in October, putting pressure on the Bank of England to resist calls for lower interest rates when policymakers meet later this week.The Office for National Statistics (ONS) said annual growth in […]

The post UK pay growth leaps to 5.2%, reducing chances of interest rate cut first appeared on IntelliNews.

Author : IntelliNews

Publish date : 2024-12-17 08:12:38

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