Rising pay complicates future Bank of England rate calls

Continued wage growth could stall rate relief for borrowers Starting salaries in the UK grew at their sharpest rate since mid-2022 last month, adding complexity to the Bank of England’s decision-making on interest rates. https://www.mpamag.com/uk/news/general/rising-pay-complicates-future-bank-of-england-rate-calls/537157