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UK wage hike faster than expected: BOE policymaker

Thursday, June 25, 2015 - 05:50

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BRITAIN'S labour market is "fizzing away nicely" and wages are growing faster than expected, Bank of England policymaker Martin Weale said in an interview with the Financial Times in its Wednesday edition, indicating that he might soon vote for a rate rise.

London

BRITAIN'S labour market is "fizzing away nicely" and wages are growing faster than expected, Bank of England policymaker Martin Weale said in an interview with the Financial Times in its Wednesday edition, indicating that he might soon vote for a rate rise.

The FT reported

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