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Pay growth revives hopes that UK is casting off crisis hangover

This puts prospect of BOE finally raising rates back on the agenda for investors

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Published Wed, Jun 17, 2015 · 09:50 PM

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    London

    BRITISH workers' pay grew at its fastest rate in nearly four years in the three months to April, putting the prospect of the Bank of England (BOE) finally raising interest rates firmly back on the agenda for investors.

    A long-awaited recovery in living standards seemed to be gathering momentum as a key measure of earnings rose more quickly than expected, official data showed on Wednesday.

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