Premier League clubs have posted record profits last season owing to strong broadcast revenues and Financial Fair Play rules keeping
wage inflation under control, according to data released by Deloitte today.
Premier League clubs posted record profits last season thanks to strong broadcast revenues and Financial Fair Play rules keeping
wage inflation under control, Deloitte has announced.
Not exact matches
«The first quarter's slowdown was led by consumers, whose incomes are
under pressure from slowing employment and
wage growth as well as rising
inflation.
Posted by Nick Falvo
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Surprisingly, however, this year's increase in the Metro Vancouver living
wage — 1.8 per cent — came
under the region's rate of
inflation, 2.8 per cent, said Iglika Ivanova, a CCPA economist and co-author of the report.
Under this scenario, an eventual rise in
wage growth would likely be accompanied by a secular rise in realized
inflation (
inflation expectations would trend with energy prices), and the policy battle onward may resemble that of Paul Volcker instead of Ben Bernanke.
The centralised component of
wage increases has become a progressively smaller part of the total over recent years, thereby easing earlier concerns that national
wage increases would put a floor
under future
inflation.
Wage increases
under enterprise bargaining continue to be in the 4 to 5 per cent range, figures which appear high in a climate of 2 per cent
inflation and 8 1/2 per cent unemployment.
Under the bill's provisions, the new minimum
wage would then increase by the rate of
inflation each year.
Under discussion now is a minimum
wage that would increase to $ 12.50 or $ 13 upstate and then link future increases to the rate of
inflation.