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Bosses hold up wage growth expectations amid inflation tensions
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Bosses hold up wage growth expectations amid inflation tensions
Company bosses have cut their wage growth expectations for the year ahead, Bank of England data has suggested, with inflation pressures on Britons easing. Finance chiefs across private sector firms are set to raise wages by smaller amounts than seen in the last year, which could sway some Bank policymakers to lower borrowing costs further. The Bank’s decision makers’ panel survey in December showed that annual wage growth for the year ahead wa…
·London, United Kingdom
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