this post was submitted on 15 Aug 2023
14 points (100.0% liked)

Personal Finance - UK

190 readers
1 users here now

A personal finance community for feddit.uk

founded 1 year ago
MODERATORS
[email protected]
14
BBC News - UK wages grow at record rate (www.bbc.co.uk)
submitted 1 year ago by [email protected] to c/[email protected]
8 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 10 points 1 year ago

Strong pay growth means the Bank of England could raise interest rates again in September, from the current rate of 5.25%.

The jobless rate rose from 4% to 4.2%, while the number of people in employment ticked lower.

Good to see the worst off will be hit the most as always.