UK DATA: Pay Deals Hold Steady At 2.0%: XpertHR
–UK Jun-Aug Median Pay Deal 2.0%; Unchanged Vs May-Jul: XpertHR
–UK Median Pay Deal Jan-Aug 2.2%: XpertHR
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UK pay growth has remained subdued with median pay deals holding
steady at 2% in the three months through August and it stands at 2.2%
in the first eight months of this year. While well above the 1 to 1.5%
levels seen last year, pay deals are now flatling bang-in-line with the
BOE’s inflation target.