UK employers plan to hold tight on pay despite labour shortages - CIPD

LONDON (Reuters) - British employers do not expect to increase the average pay settlements they offer to staff over the coming year, an industry survey showed on Monday, raising questions about whether pay will pick up as the Bank of England predicts.Employers plan to raise pay by 2 percent over the year to come, unchanged from the increase they planned three months earlier, the Chartered Institute of Personnel and Development (CIPD) said.Moreover, only around half of businesses experiencing..