Pay overtakes inflation for first time in nearly two years

AVERAGE pay growth rose above inflation for the first time in almost two years, in a sign that the squeeze on living costs may be starting to ease reports the BBC.

Wages rose by 7.8% between June and August, according to official figures.

It is higher than average inflation over the same three months, which measures the rate at which prices rise.

https://www.bbc.co.uk/news/business-67121459