UK wage growth hits four-year high of 2.7% in April
by Phillip Inman economics correspondent from on (#BJ9A)
Concerns that jump in real wages, highest in seven years, will be short lived if inflation continues to rise over rest of 2015 and productivity remains flat
Wage growth in Britain hit a four-year high of 2.7% in April, according to official figures, delivering a welcome increase to household finances following the fall in inflation this year.
But some analysts warned that the jump in real wages, the highest for seven years, would be short-lived if inflation continued to rise over the rest of the year and productivity remained flat.
Related: Enjoy rising wages while they last - it won't take much to slow things down
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