Today's figures show that real wage growth, which strips out the affects of inflation, in the UK is at its lowest level for over two years. With inflation increasing at a faster pace, more sustainable productivity growth will be needed to drive faster wage growth.
Today's figures show that labour market performance remained steady in the three months to November 2016. The UK‘s flexible labour market remains a mainstay of the economy and will be key to making a success of Brexit.
50% of respondents to the CBI survey believe that the UK will become a less attractive location over the next five years - and a degree of pessimism is shared across every region in the UK. Expectations are negative across the board, from a fairly modest -3% in the east of England to a very disturbing -49% in Northern Ireland.