Wage growth - The only way is up?


Wage growth - The only way is up?

Wage growth is the missing ingredient in the UK economic recovery. In the attached we take a look at the prospects for improved wage growth, giving consideration to surveys, productivity and slack in the labour market. Whilst there are some signs of wage pressures building, we expect weak productivity growth to keep a lid on any rises.

Economic Analysis

10 March 2014

Weak productivity growth means weak wage growth. That should change.

Tagged

2014

Latest news

Royal Bank of Scotland hosts ‘Easy Wins Live’ event

The event explored today’s ‘always on’ world and the pressure Scots face as they struggle to balance life inside and outside of work.

To win the fight against fraud and scams, it is vital to educate young people.

Primary school children in Currie, Edinburgh put on their detective hats last week to learn more about fraud and scams thanks to the Royal Bank of Scotland MoneySense programme. Les Matheson, CEO of Personal Banking, tells us why it’s so important to financially educate young people.

New NatWest debit cards now accessible for all customers

New card features are being rolled out from today with all cards having a notch and raised dots.

Set Tab for lightbox