UK Wage Growth at 6-year High as Economy Recovers

UK Wage Growth at 6-year High as Economy Recovers

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london-ws-Diliff-CCWages in Britain grew at their fastest rate in six years during November, a labour market survey indicated on Monday, providing a rare signal that a long-term decline in real incomes is being checked by a return to economic growth.

Last month starting salaries for permanent staff rose at their highest rate since November 2007, according to survey data from the Recruitment and Employment Confederation (REC) and consultancy KPMG.

(READ the story from Reuters)


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