wages are rising at the fastest pace in three years as britain’s jobs boom continues.  fears of a squeeze on living standards were eased yesterday when the office for national statistics ons said that pay packets, excluding bonuses, had grown by 2.9 per cent in the three months to july. it also announced that the jobless rate had stayed at 4 per cent, the lowest level for 43 years.  sponsored  in real terms, earnings grew by 0.5 per cent, the biggest rise in post-inflation incomes since the start of last year. it was only the second time since july 2015 that earnings growth had hit that level.  the growth will strengthen the case for further increases in interest rates and reassure the bank of england that
fastest wage growth in three years for britain