U.K. Pay Rises Take BOE Closer to Rate Increases


U.K. Pay Rises Take BOE Closer to Rate Increases
— Richard Barley
The Wall Street Journal Europe
Jun 18 2015

U.K. pay packets are finally getting a top- up. Wage growth remains below precrisis levels but has clearly picked up. If the trend is sustained, the Bank of England is a step closer to raising rates. Average U.K. pay excluding bonuses for the three…read more…

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