Manufacturing pay rising by 2.3%

Average pay deals in manufacturing firms have remained at 2.3% in recent months as companies keep a tight hold on costs because of the state of the economy, according to a new study.

An analysis of more than 200 settlements by the EEF manufacturers' organisation showed that most were worth 3% or less, with one in 10 involving a wage freeze.%VIRTUAL-SkimlinksPromo%