Wage growth slows in Britain but unemployment falls 100,000
by Heather Stewart from Economics | The Guardian on (#55W6)
Office for National Statistics said average earnings, excluding bonuses, grew at an annual rate of 1.6% in the three months to January
Earnings growth for Britain's workers has slowed, undermining George Osborne's hopes of stoking up the feelgood factor in the runup to May's elections.
On the day the chancellor delivers his pre-election budget, official figures showed that while unemployment has continued to fall rapidly over the past three months, wage growth has faltered.
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