mpc.theyserveforyou.com

mpc: 19 There had been little news on pay settlements since the January meeting. The annual rate of regular pay growth ticked down, and overall earnings growth fell sharply in the three months to November. The Bank's regional Agents had reported the results of an informal survey which indicated that pay settlements and pay growth might edge up a little this year. It was too early to be confident that there would be no second round effects on earnings from the rise in energy prices.