Economic outlook: uncertainty as to when growth will return

Having entered a double-dip recession, the UK economy is battling high inflation and unemployment while growth remains low. XpertHR research shows that pay awards are at a median of 2%, which is an improvement on last year, but economists are unsure as to when growth will return. 

• Economic outlook: uncertainty as to when growth will return We consider the key issues affecting the UK economy and when growth is likely to resume. 

Also

Inflation and earnings forecasts See what our panel of 10 leading City and other forecasting institutions are predicting in terms of inflation rates and average earnings. 

Private sector employers forecast pay rises of 2% for 2012 Despite the UK's economic woes, private-sector employers are not too downbeat when it comes to forecasting pay awards, as XpertHR's April 2012 pay prediction survey reveals.