BOE divided between economic growth and heading off inflation

London

YOU don't need to tell UK nurses what this week's inflation and wage data will show. They say their living standards have been squeezed for seven years, and now it's reached crisis point.

With reports from the Office for National Statistics set to show pay continuing to lag price growth in Britain, nurses are just the latest group of workers to protest. Employees at the Bank of England recently reached an agreement following a three-day walkout, while employees of some McDonald's restaurants went on strike demanding higher pay.