News
TUC urges Bank of England rate cut to support businesses
Despite the easing, the TUC warned that high interest rates continue to place pressure on both households and businesses, limiting spending and investment.
Bank of EngIand
Compensation & Benefits
UK firms expect rising prices and solid wage growth in 2025 amid cost pressures
Businesses in the UK expect prices and wages to continue rising in 2025, according to the Bank of England’s latest Decision Maker Panel data.
News
UK businesses expect slower wage growth
UK businesses anticipate slower wage increases, providing some relief for the Bank of England as it monitors inflation trends.