UK faces a pay squeeze – and higher interest rates look likely

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UK faces a pay squeeze – and higher interest rates look likely
Belgique Dernières Nouvelles,Belgique Actualités
  • 📰 The Guardian
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Analysis: Jobs market is booming, but Bank of England seems set to heap more pain on households

. While total pay including bonuses edged up 0.4 percentage points to 4.2% on the previous month, without bonuses pay remained static. Once inflation was taken into account wages went into reverse in real terms, declining by 0.9%, even when bonuses are included.

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Belgique Dernières Nouvelles, Belgique Actualités

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