Brexit uncertainty makes impact on October pay growth
by Phillip Inman from on (#4VSCQ)
Guardian analysis shows average wage rises dropping back to 3.6%
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Pay growth took a knock in October as slowing global trade and Brexit uncertainty dented business confidence, according to a Guardian analysis of economic news over the past month.
Average wage rises dropped back to 3.6%, down from 3.8% in September and 4% in July, which economists said was likely to represent the peak in pay growth since the 2008 financial crash and was unlikely to be seen again for some time.
Related: How has Brexit vote affected the UK economy? October verdict
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