World Economy

UK Wage Growth Flat

UK Wage Growth FlatUK Wage Growth Flat

The growth in wages will continue to stall in 2015 as the UK economy grows at a slower rate, ShareCast reported. Mark Beatson, chief economist for Chartered Institute for Personal Development (CIPD), predicted that the UK labor market will expand in 2015 but would not generate any increase in wage growth until 2016.