UK wages are rising at a record pace. That makes higher interest rates more likely

UK wages are rising at a record pace. That makes higher interest rates more likely

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LONDON -- Wages in the U.K. are rising at a record high rate amid stubbornly high inflation, official figures showed Tuesday, bolstering expectations that interest rates will increase again — to the worry of homeowners who are seeing their mortgage payments spike to levels not seen since the…

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