Economics
U.K. Wage Inflation Emerges With Post-Lockdown Staff Shortages
- Surveys show employers paying more to attract employees
- Brexit and the pandemic cut the flow of workers from abroad
This article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
British companies are raising wages more rapidly to overcome difficulties in attracting staff, adding to upward pressures on inflation as pandemic restrictions ease.