United Kingdom’s strong wage growth remains a major force behind
inflation.
However, a survey from the UK’s Recruitment and Employment
Confederation showed that starting salaries for permanent staff grew at the
slowest rate in over three years in March, while spending on temporary workers
fell by the most since July 2020.
This adds to signs of a slowdown in Britain's
job market.
Dr. Kamaran Qader Yaqub,
Fundamental Analyst and Financial consultant at Investment Spot company.