Is the UK economy growing faster than first thought? | Morning Markets

Paul Durrans, Investment Director, looks into the UK labour market data which has surprised to the upside for wages, rising 5.9% and payrolls adding 22,000. The Bank of England's concern however is that elevated wage growth runs the risk of keeping inflation above the target with expectations of a 2.8% figure tomorrow with potential to rise to 3.7% by Q3