Wage Growth Slows and Unemployment Rises in the UK; Competition Watchdog to Investigate Vet Pricing
Tuesday, 12 March 2024, 07:34
Unemployment Rise and Slowdown in Pay Growth
Unemployment in the UK has unexpectedly increased while wage growth has slowed, indicating a potential interest rate cut in June.
Concerns over Veterinary Pricing
Competition watchdog to investigate vet pricing due to weak competition and potential overpricing of pet medicines.
Possible Interest Rate Cut
The slower wage growth in January suggests a possible interest rate cut is on the horizon.
Our plan is working. Real wages have increased for seven consecutive months despite inflation falling.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.