Tuesday, 16 July 2019

UK wages +3.6pc

Cool Brittania

Punchy monetary policy, very low unemployment, and a lower pound are finally working some magic on UK pay packets.

Including bonuses wages growth is now +3.6 per cent, while the inflation rate has been running at around target. 


Source: Bloomberg

That's the fastest rate of wages growth in 11 years, possibly ushered along by some Polish and other European workers returning to the continent. 

England are the cricket world champions too...we just need a Prime Minister now.