Private sector wage growth surpasses inflation

Wages in the UK grew at a record pace between April and June, prompting fears of another interest rate rise.

The stronger-than-expected increase means the Bank of England may be forced to raise rates again to calm inflation.

Sky's Business Correspondent, Gurpreet Narwan, has this report.

Read more on this here - https://news.sky.com/story/rate-of-uk-unemployment-rose-in-three-months-to-june-more-than-economists-predicted-12939717

#inflation #interestrates #bankofengland

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