Inflation warning as workers urged to save wage increase before rises crush…

Rising wages have not kept up with the soaring cost of living (Image: GETTY) Wage increases may have eased the financial burden for many Britons but pay rises are not keeping up with rising living costs, an expert has warned. Regular pay excluding bonuses in Great Britain increased 7.3 percent from August to October 2023 compared to the same period a year before. Average regular earnings increased 7.2 percent for the quarter with earnings growth for the public sector at 6.9 percent. All these pay growth figures beat inflation for the period, which was at 4.7 percent for the year to October. But Sarah Coles, head of personal finance…