BUSINESS LIVE: Wages up 7.8%; Rolls-Royce slashes headcount; SJP charging model shake-up

LIVE

BUSINESS LIVE: Wages up 7.8%; Rolls-Royce slashes headcount; SJP charging model shake-up

By Live Commentary

Updated: 07:45 BST, 17 October 2023

The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are Rolls-Royce, St. James’ Place, Heathrow Airport, Rio Tinto, Frasers, THG and Serco. Read the Tuesday 17 October Business Live blog below.

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Wages up 7.8% in Q3

UK workers’ wages before bonuses were 7.8 per cent higher year-on-year in the three months to the end of August, in-line with expectations, as pay growth finally begins to slow from record highs in the previous quarter.

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Read more at DailyMail.co.uk

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