Bank of England will be monitoring figures as it decides whether to cut interest rates this weekBusiness live – latest updatesPay growth in the UK is falling sharply amid signs that jobs are becoming harder to find in a stagnant economy, the latest official data shows.In its latest health check on the labour market, the Office for National Statistics said growth in total average earnings had dropped from 8% to 7.2% in the three months to October – a much bigger drop than the financial markets had been predicting. Continue reading...