We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Wait and see

11 June 2014 By Swaha Pattanaik

No one fully understands why falling UK joblessness isn’t leading to faster pay increases. Open EU borders and delayed retirements might be an explanation. Either way, glacial wage inflation gives the Bank of England an excuse to keep rates low for longer than the market expects.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)