Client Stories

Money in our pockets rises at fastest rate since 2009

The Markit household finance index rose to 45.8 in April from 45.5 in March, the highest level since the survey started in February 2009. The squeeze on UK household finances eased to a six-year low in April, as a combination of zero inflation and strong employment growth put more money in people's pockets. However, a reading below the 50 mark from the survey of 2,000 households indicates that consumers still feel squeezed. A separate pay barometer published by Markit showed that expectations for wage increases in the coming year remain subdued. The average expected pay increase among employees was 1%. Only one in five employees expected their pay to rise by 2% or more in 2015.


Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

Women in Business with Cause4

Santander announces breakthrough women in business mentoring programme in association with Cause4 .

When you’re an established business, recruiting top talent in all the areas you need can seem like a never-ending challenge.


If you’re a start-up or small business, how can you put together an attractive employee package to appeal to top talent – graduate and…

Stop fraud

More than one million incidents of financial fraud occurred in the first six months of 2016, according to official figures released by…

Santander’s Head of SME International Mark Collings discusses why exporting to new global markets may provide businesses with new and…

Where Next?