Embargoed to 0001 Thursday December 12File photo dated 18/03/13 of money as the UK downturn is finally expected to be left behind next year as the size of the economy surpasses its pre-recession peak, according to a new forecast upgrading prospects for growth. PRESS ASSOCIATION Photo. Issue date: Thursday December 12, 2013. The prediction from the British Chambers of Commerce (BCC) brings forward the likely date to the third quarter of 2014. It would mark the first time that UK gross domestic product (GDP) has climbed back to the peak it reached in the first quarter of 2008. See PA story ECONOMY GDP. Photo credit should read: Lynne Cameron/PA Wire
%VIRTUAL-SkimlinksPromo%Employers will be pressed to increase pay this year amid a rise in vacancies, coupled with skills shortages, according to a new report.
Employment firm Reed said vacancies on its website have increased by almost a third over the past year to stand at over 160,000.
Let us send you our newsletter.
Our editors will email you a roundup of their favourite stories from across AOL
