Thanks for joining me. Average wages have grown faster than expected in a blow to hopes for interest rate cuts in June.
UK average regular earnings growth remained unchanged at 6pc in the three months to March, the Office for National Statistics said, which was higher than the 5.9pc expected by economists.
5 things to start your day
1) Police ‘not interested’ in dealing with shoplifting, says M&S chairman | Retailer being forced to spend ‘a lot of money’ to keep down crime amid wave of thefts
2) Anglesey nuclear plant risks saddling taxpayers with £20bn bill | Plans for a power station at Wylfa risk being derailed by government rules
3) UK pharma giants pledge £430m investment in France after Macron charm offensive | AstraZeneca and GSK vow to upgrade facilities as part of president’s new programme
4) ‘Elon Musk of Essex’ prepares to call in administrators | Tevva Motors seeks emergency rescue deal after failing to secure additional funding
5) Melinda Gates quits Gates Foundation after divorce from Microsoft billionaire | Co-chair to be…
