UK economy boosted by wage growth and rising output, two surveys say
by Richard Partington Economics correspondent from on (#3BSTF)
Adzuna study reports modest rise in average salary for job vacancies while CBI survey shows growth in economic output
The British economy has received a double boost from reports showing signs of modest wage growth and accelerating output from businesses.
According to a study by the jobs search engine Adzuna, the average salary for vacancies advertised online in November was 1.2% higher than the same month a year before - the first annual increase recorded by the website since June 2015. Meanwhile, a survey by the business group the CBI found firms reporting a rise in economic output.
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