Via Reuters, a report on the latest survey on the labour market by the Chartered Institute of Personnel and Development survey:
- More employers expecting to increase staff levels than in its previous survey three months ago
- "Predictions of pay growth increasing alongside strong employment growth is the dog that hasn't barked for some time now," said Gerwyn Davies, CIPD's senior labour market analyst.
- Private-sector employers expect to raise pay by an average 2 percent, the median pay rise was dragged down by public-sector employers and charities which plan to offer pay rises of 1 percent and 1.4 percent respectively.
Also, survey published by the Institute of Chartered Accountants in England and Wales:
- ICAEW's index fell from a reading of 6.7 for April to June, to -8 for the three months from July - similar to the levels seen at the start of the year
- Matthew Rideout, ICAEW's director of business, said this was due to the uncertainty around Brexit and the outcome of June's national election when Prime Minister Theresa May lost her parliamentary majority
