Monday, 30 March 2015

Weak pay growth expectations put cloud over UK economic outlook

A survey of just under 1,000 UK employees shows an ongoing lack of pay pressures in the economy. The results point to an estimated average (mean) increase in employee earnings of just 1.1% in 2015. The average expected pay increase in the public sector is 0.8% compared to 1.2% in the private sector.