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.



Latest news

Women and millennials help drive £17bn+ franchise sector to record levels

New research from NatWest and the British Franchise Association (bfa) highlights changes and profitability in the sector.

Winners announced for Skills & Opportunities Fund

52 winning organisations have been announced for round two of the 2018 Skills & Opportunities Fund.

RBS Multicultural Network meets Eric Holder, 82nd US Attorney General

Simon McNamara, RBS Chief Administrative Officer and Executive Sponsor of the RBS Multicultural Network, recently hosted an event in discussion with Eric Holder, the first black US Attorney General. They discussed career, ethnicity, diversity and even a little bit of politics. At the event, Eric Holder shared his wisdom and experience with attendees from the RBS Executive committee and RBS Multicultural Network. Simon McNamara blogs about his experience meeting Eric, a BAME role model, and why diversity is so important to RBS.

Set Tab for lightbox