UK pay deals rise in Nov, led by auto industry -IDS

Newswire

LONDON, Nov 30 (Reuters) - Inflation-busting pay deals in the motor industry pushed British wage inflation to 3.5 percent in the three months to November, a survey by pay consultants IDS showed on Friday. The rise, from a one-year low of 3.2 percent in the three months to October, was also due to restrained public sector pay deals falling out of the rolling three-month figures. Nevertheless, wage inflation remains below levels that are likely to worry Bank of England policymakers and the ...

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