LONDON — European markets retreated slightly on Tuesday, with corporate earnings season getting underway as investors continue to assess the turmoil in the Middle East.hovered 0.1% below the flatline in early trade, with basis resources shedding 0.8% to lead losses while health care stocks added 0.4%.
That marked the first fall for the regular pay metric — which is being closely monitored by the Bank of England as it assesses the inflation picture — since January. "Two years of high inflation combined with our long-term productivity challenges have left their mark on living standards. We expect to close the year with real pay lower than where it was in 2006," Finney said.
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