UK wage growth weak but likely to keep BoE on track for rate hike

LONDON (Reuters) - British pay growth has lagged behind inflation again, official data showed on Wednesday, but the figures are likely to cement expectations among investors that the Bank of England will soon raise interest rates for the first time in a decade.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-jobs/uk-wage-growth-weak-but-likely-to-keep-boe-on-track-for-rate-hike-idUKKBN1CN0YW?feedType=RSS&feedName=topNews