Learn more

By William Schomberg LONDON (Reuters) – British employers raised pay and recovered some of their appetite for hiring in December, according to a survey that the Bank of England may see as another sign of lingering inflation pressure in the labour market. The Recruitment and Employment Confederation (REC) survey published on Monday showed hiring of permanent workers continued to shrink last month as employers worried about the economy, but less severely than in November. Temporary hiring also contracted by less than in November but the difference was less marked. “The slowdown in our labour mar…

cuu