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UK wage rises slow with job market slack

Falling inflation will also limit pay increases, put off pressure to tighten interest rates
Thursday, January 1, 2015 - 05:50

London

UK WAGE growth will be "very modest" in 2015 as an adequate supply of job seekers and slowing inflation prompt companies to limit salary increases, according to the Chartered Institute of Personnel and Development.

Nominal earnings growth will remain between one per cent and