UK pay growth slows as Iran war prompts cost of living squeeze
Unemployment rate remained at 4.9% in the three months to end of June, ONS figures showWage growth in the UK slowed in June, official figures show, as workers come under pressure from a renewed cost of living squeeze amid the economic impact from the Iran war.Figures from the Office for National Statistics show average growth in total earnings, including bonuses, fell to 4.1% in the three months to June, down from 4.4% in the three months to May. City economists…
Source: www.theguardian.com