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UK state pension set to top £13,000 a year as wage growth slows to 3.9%
EconomicsUK unemployment and employment statisticsInterest ratesBank of England
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Workers face inflation squeeze fuelled by Iran war, as Bank of England prepares for interest rates decisionBusiness live – latest updatesWage growth in the UK has slowed as workers come under pressure from a renewed cost of living squeeze fuelled by the Iran war, highlighting the challenge for the Bank of England as it prepares to set interest rates.Data from the Office for National Statistics (ONS) shows average growth in total earnings, including bonuses, eased to 3.9% in the three months to J
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