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UK pay rises by more than expected, adding to BoE worries

British pay rose by more than expected in the three months to October, official data showed today, potentially adding to the Bank of England's caution about how quickly to cut interest rates.
Business • 17 Dec 24

UK pay grows by slowest pace in two years

British pay grew at its slowest pace in more than two years in the three months to August and vacancies fell again, according official data that will probably be welcomed by the Bank of England as it considers when to cut interest rates again.
Business • 15 Oct 24

Marks & Spencer to raise UK store workers' pay by 10%

UK clothing and food retailer Marks & Spencer said today it would give around 40,000 store workers a 10.1% pay increase from April 1, a move that reflects the rise in the UK government-mandated minimum wage.
Business • 27 Feb 24

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