LONDON: The number of employees on British company payrolls surged in June by the most since the start of the coronavirus pandemic, according to data which painted a picture of a roaring jobs market and growing inflationary pressure from rising wages.
A day after a top Bank of England (BoE) official said the time for the BoE to think about taking action on inflation might be approaching sooner than he had expected, tax data showed a 356,000 leap in employment in June from May.
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