Brits in line for salary hike as talent shortage hits employers

Skills shortages are pushing half (50%) of UK businesses to dish out pay rises of at least two per cent in the next year.

According to a survey by business organisation British Chambers of Commerce (BCC) and online recruitment company Indeed on over 1,000 businesses, six per cent of firms will increase pay by more than five per cent. 32% intend to boost pay by 2-5%, 12% in line with consumer price inflation, and 18% by 1-2%.