Money and wage slip
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Wages rise faster than inflation and record number in work

Wages are rising faster than inflation, they are now beating price increases by more than they have for 5 years. Regular pay was up 1.6 % in the year to October.

The latest official figures also showed 63,000 fewer people were unemployed, and a record number of people are in work.

The BBC's Andy Verity reports from the north-west of England, where jobs are now being created faster than in most of the UK.

  • 17 Dec 2014
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