Author: News Desk

City AM – Pay growth will force rates higher Wage growth has ‘passed its peak’ as Andrew Bailey prepares to address City on interest rates CITY AM says Workers returning to the jobs markets and boosting the volume of candidates available to businesses are poised to put a lid on wage growth, analysts are predicting official numbers this week will show. Pay growth is said to have “passed its peak” after raging for more than a year, fuelled by staff demanding wage increases to compensate for inflation whittling away their finances. Regular pay – which strips out bonuses and other…

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