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Firms ‘Feeling the Heat’ Despite Wage Growth Easing - Cambridgeshire Chambers of Commerce
Summary by Cambridgeshire Chambers of Commerce
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Firms ‘Feeling the Heat’ Despite Wage Growth Easing - Cambridgeshire Chambers of Commerce
Responding to the latest labour market data published by the ONS this morning, Jane Gratton, Deputy Director of Public Policy at the British Chambers of Commerce said: “With businesses feeling the heat from a raft of cost-pressures, a larger easing of average earnings, including bonuses, to 4.6 per cent in June will be welcomed. “Continued wage growth is creating real challenges for business and the wider economy. It’s an important factor behin…
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