Hamilton Crawford – UK wage growth lags inflation even as jobless rate hits new low

Hamilton Crawford – Wage growth lagging behind inflation is unlikely to deter BoE from increasing borrowing costs.

Hamilton Crawford says UK workers are still not seeing their salaries increase faster than inflation even though unemployment has fallen to its lowest in more than 4 decades.

Hamilton Crawford economists say weaker than anticipated wage growth would probably not deter the Bank of England from hiking interest rates in May. This will be only the s..

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