The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

UPDATE 1-UK firms plan biggest pay rises since 2008, boosting rate hike case

Contributed by NAMPA / Reuters.

(Adds detail to report)
By David Milliken
LONDON, Feb 14 (Reuters) - British workers are in line for
their biggest pay rises since 2008 this year as a higher minimum
wage kicks in, according to a Bank of England survey that is
likely to fuel concerns among its policymakers' over
inflationary pressures.
Last week the central bank said interest rates would
probably need to rise sooner and by somewhat more than it had
previously thought to control above-tar ...