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10.05.2023

Are wage increases driving inflation higher?!

Daniel Hewitt
Daniel Hewitt
Hewitt Venture Group
Investment Property Agent

Are wage increases driving inflation higher?!

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https://www.bloomberg.com/graphics/2023-05-reed-jobs-report-wages-rising-across-england-catching-inflation/?srnd=economics-v2

Wages up 10% for those taking new positions according to Reed data

Will the B.O.E raise interest rates this Thursday for a 12th consecutive hike reaching 2008 levels?

£40,000 median salary in Capital

£35,000 median salary in Reading, Birmingham, Manchester, Cambridge

Largest increase of 18% seen in Blackpool, Lincoln, Milton Keynes

#data #interestrates #boe #property #investment

Daniel Hewitt
Daniel Hewitt
Hewitt Venture Group
Investment Property Agent

Proud family man born in Surrey now based in London, graduated with a BA (Hons) and moved up the ranks in the corporate world leading to a 15-year career working in the city.
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