Warning decent pay rises 'could end' - but there is good news for Bank of England rate cut
Inflatie
A short spell of decent wage rises looks like it's ending after pay growth slowed to a two-year low. Figures from the Office for National Statistics showed average wage growth dropped to 4.9% in the three months to August, down from 5.1%. Easing inflation means that, for most workers, their incomes are outstripping prices. Pay packets in so-called real-terms rose by 1.9%, but that was down from 2.2% over the previous three months. Pay growth has fallen sharply after hitting a record high of
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