The slowdown in job growth and the absence of
any significant wage pressure could strengthen the arguments of those who see little risk in keeping borrowing costs exceptionally low and waiting not just for more encouraging data but also for unruly markets to settle down.
Geraldine Morris, head of family at LexisPSL, says: «It's no surprise that divorces are being delayed in the current economic climate; with high cost of living, increasing property prices and low
wage rises many families are feeling under
significant financial
pressure, a
pressure that would be increased further if resources were stretched across two households rather than one.