Tuesday, June 13, 2023

UK Pay Rises Lead to Fears of Further Interest Rate Increases

Pay rises in the UK have led to predictions of an upcoming interest rate increase.  


Economists fear that the recent wage growth will further drive up inflation and may see the Bank of England raise interest rates yet higher than previously expected, amidst the ongoing cost-of-living crisis.  


Simon Gaitán (Guytan) reports…


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