Wage growth excluding bonuses slowed to 6.6 per cent in November, down from 7.2 per cent in October, fresh data from the Office for National Statistics shows. Easing wage growth will encourage market confidence of looming Bank of England interest rate cuts.
The FTSE 100 closed down 36.57 points at 7558.34. Among the companies with reports and trading updates today are Vodafone, Ocado, THG, Cairn Homes and Experian. Read the Tuesday 16 January Business Live blog below.
> If you are using our app or a third-party site click here to read Business Live
Read More: World News | Entertainment News | Celeb News
Mail Online
