UK employers plan only modest pay rises, easing BoE inflation worries - NewsBreak
By Jozef in Business
Updated 2 years ago
LONDON, Nov 15 (Reuters) - British private-sector employers expect to raise staff pay by an average of 2.5% over the next 12 months, well below the likely rate of inflation, according to a survey that could ease worries at the Bank of England about the risk of a wage-price spiral.