Bulletin

CBI says wage rises are on the way at last

In an interview with The Independent on Sunday, CBI director-general John Cridland has said British workers can expect to see proper pay rises over the next two years. He believes that whilst there has been a priority placed on keeping people employed and creating new jobs since the financial crisis, wages need to go up so that people 'feel they have a stake in the economic recovery'. The CBI predicts that average rises will go up from 1% this year to 2% next year and 3% in 2016.

 

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