British businesses have trimmed their expectations for wage growth over the coming year, a Bank of England survey conducted in June showed on Thursday.
Firms expected wage growth of 3.6%, down 0.1 percentage points on a three-month moving-average basis, according to the survey.
It added that in June, 29% of British businesses expected sales to be lower in the year ahead due to U.S. trade policy changes, while 24% of firms expected that their capital expenditures would be lower.
(Reporting by Muvija M）
