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UK: Gloomy outlook for pay
A YouGov survey indicates that over half of UK employees – 16 million people – do not expect to receive a pay increase this year, with another 9 million anticipating an increase below the rate of inflation. With government plans to increase taxes, personal finances could be seriously hit according to uSwitch, the group who commissioned the survey amongst 4 235 adults in February 2009.
Source: bbc.co.uk/02.03.2010
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