One of the BoE's economic targets is to reduce inflation, which is currently at 2.8 percent and in a downward pattern, to 2 percent, and wage rise speed is a potential fuel for inflation, which is a ...

Britain's labour market weakened before this month's tax hike on employers, data showed on Tuesday, but wage growth remained strong, complicating the job for the Bank of England which is also ...

LONDON: Britain's labour market weakened before this month's tax hike on employers, data showed on Tuesday, but wage growth remained strong, complicating the job for the Bank of England, which is also ...

Despite the weakening labor market, the MPC has been given the go-ahead to cut the Bank Rate in May. This decision is influenced by the better than expected pay data, continued evidence of labor ...

Flat to declining wage growth and falling payrolled employees will enable BoE to ease despite still-strong wage pressures ...

UK pay continued to grow much faster than inflation in the three months to February, though the jobs market showed signs of slowing down. The average regular earnings excluding bonuses rose 5.9% in ...

Investing.com - The U.K. unemployment rate remained unchanged in February, as widely expected, data showed Tuesday, but wages growth continued to be an issue for the Bank of England as it attempts to ...