....This meant that real wages – adjusted for inflation – fell in February for the first time in two and a half years, even though unemployment continues to drop and vacancies are at record levels. Howard Archer, the chief European and UK economist at consultancy IHS Markit, said: “Following the likely marked first quarter slowdown, we suspect that 2017 will become even more challenging for the UK economy – and particularly for consumers as their purchasing power
is squeezed harder still. ...
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Monday 24th of April 2017 06:00:04 AM