UK businesses plan 'modest' pay rises, says Bank of England

LONDON (Reuters) - British businesses only plan to offer modest pay rises of 2 to 3 percent despite facing increased recruitment difficulties, and uncertainty is weighing on their longer-term investment plans, the Bank of England said on Wednesday.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-boe-agents-idUKKBN1AP0V4?feedType=RSS&feedName=topNews