Bank of England expected to leave interest rates on hold today, as wage growth slows – business live

Bank of England expected to leave interest rates on hold today, as wage growth slows – business live

Business Business | The Guardian

​Rolling coverage of the latest economic and financial newsOnce you adjust for inflation, real regular pay rose by 3.2% over the last year while real total pay (incuding bonuses) increased by 3.1%.Both real regular and total real annual growth were higher in the previous three-month period, when they were 3.4% and 3.5%, respectively, the ONS adds. Continue reading… 

Rolling coverage of the latest economic and financial news

Once you adjust for inflation, real regular pay rose by 3.2% over the last year while real total pay (incuding bonuses) increased by 3.1%.

Both real regular and total real annual growth were higher in the previous three-month period, when they were 3.4% and 3.5%, respectively, the ONS adds.

Continue reading… 

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