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epa10856159 City workers outside the Bank of England in London, Britain, 12 September 2023. UK wage growth has increased at a record rate, increasing pressure on the Bank of England (BoE) to rise interest rates to curb inflation. British wages were 7.8 percent higher than a year earlier in the three months to July, according to the latest labour market report from the Office for National Statistics (ONS). EPA/ANDY RAIN