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BusinessEconomicsU.K. Factories Pay Up to Keep Staff Amid Acute Labor ShortagesHalf of manufacturers agree wage increase of at least 3%Make UK says larger settlements expected in next pay roundByPhilip Aldrick+FollowJanuary 17, 2022, 12:01 AM UTCSign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.British factories are agreeing larger-than-usual pay settlements in an effort to retain workers against a backdrop of mounting skills shortages.
