International Economic

UK wage growth falls as employers cut payrolls, raising rate cut hopes

By Frank Prenesti

Date: Tuesday 15 Oct 2024

(Sharecast News) - UK earnings growth fell to its lowest level for more than two years, in another sign that the jobs market was weakening as businesses cut the number of workers on payrolls, according to data published on Tuesday, raising the expectations of a rate cut from the Bank of...

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