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UK Wage Growth Slows Less Than Expected; Jobless Rate Down

UK pay growth eased at a slower than expected pace in the fourth quarter and created a bumpy road ahead for an interest rate cut as the Bank of England awaits more signs of easing in the labor market. ....

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BoE's Breeden: Inflation focus shifts to pay growth but no more rate hikes on the horizon

BoE deputy governor for financial stability Sarah Breeden said her focus on tackling inflation will shift to wage growth as its remains “elevated”. ....

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UK Wage Growth Continues To Slow And Threaten Labour Market

The Office For National Statistics reports that the annual rate of growth in earnings, including annual bonuses, has slowed to 6.5 per cent. ....

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Softening UK Wage Growth Boosts Rate Cut Hopes

The UK wage growth softened in the three months to November suggesting that the upward inflationary pressures are cooling, and bolsters the case for interest rate cuts by the Bank of England. ....

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British pound slips as wage growth slides

UK wages ease to 6.5% GBP/USD falls UK to release inflation on Wednesday The British pound is sharply lower on Tuesday after a solid UK employment repo ....

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