Bank of England: British companies hold expectations of rising wages and prices in the next year.

Bank of England data shows that British businesses have higher expectations for wages and prices in the coming year. In particular, businesses expect wages to increase by 3.4% in the next year, compared to the March forecast of 3.5%. In terms of prices, businesses anticipate a 3.8% increase in the next year, up from the March forecast of 3.5%.