The FTSE 100 has fallen after soaring wages sparks inflation concerns. Britain’s blue-chip index sank to a one-month low on Tuesday after latest figures showed that UK wages rose at the fastest pace on record. The surprise figures have spurred concerns that higher wage growth will require the Bank of England to keep interest rates higher for longer, in hopes …
Rail, mail and dock workers are launching strikes in vast numbers as UK inflation erodes the value of their wages. Britain’s rail, mail and dock workers are launching strikes in vast numbers as 40-year-high inflation erodes the value of wages at a record pace. “This record fall in real wages demonstrates the vital need for unions like Unite to defend …
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Lowri Wynn-Morgan, prosecuting, said: “Mr …
