UK businesses plan to raise pay by most since 2012 - CIPD
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LONDON (Reuters) - British businesses plan to raise basic wages by the most in at least seven years, due to recruitment difficulties and a need to keep pay in line with competitors, a survey showed on Monday, highlighting ongoing strength in Britain's jobs market.The Chartered Institute of Personnel and Development (CIPD), a human resources professional body, said private-sector employers planned to increase basic pay rates this year by 2.5 percent on average, the most since the survey started..