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BOE’s Vlieghe: Pay growth in Britain is accelerating “quite slowly”

The Bank of England (BOE) Monetary Policy Committee (MPC) member Gertjan Vlieghe was on the wires earlier today, via Reuters, expressing his take on the Kingdom’s labor market.

Key Headlines:

Pay growth in Britain is accelerating “quite slowly”.

Despite the unemployment rate falling to a more than four-decade low.

Many people are still under-employed.

 

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