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UK wages rise faster than expected, but not keeping pace with inflation

UK wages rise faster than expected, but not keeping pace with inflation

 



Britain’s economy suffered the same brunt of the pandemic as the rest of the industrialized world. But as other countries recover we seem to be facing a prolonged economic Covid, and like Covid it is full of mystery. Wages are growing faster, but not keeping pace with inflation, and productivity remains very low. Trade has suffered, partly as a result of Brexit, but the number of people over 50 who have not left the world of work during the pandemic also poses a great challenge to the economy. (Subscribe to:
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