U.K. Hourly Labor Costs Grow at Fastest Pace in Two Years
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U.K. labor costs are rising at their fastest pace in more than two years, figures Friday showed.
The cost of employing someone for an hour of work rose 3.7 percent in the fourth quarter compared with a year earlier, up from 3.1 percent in the previous three months and the most since the July-September period in 2015, the Office for National Statistics said.