Brent crude hits $80, as Catherine Mann warns wage pressures in the UK economy could last for years
Building products supplier Marshalls continues to be hit by the weak UK house-building markets.
Marshalls has reported that revenues fell by 13% year-on-year in the first half of this year.
“Falls in expected pay rises were anticipated now inflation is within a tolerable range for employees.
However, many workers will still feel worse off than they did a couple of years ago, so other benefits like providing flexible working, offering benefits that help boost take home pay, and taking steps to improve job quality, are in employers’ interest to help both support and retain staff.”