Good news for Wales as wages rise due to demand for skilled employees.
Wages are rising in Wales for the first time since the recession as businesses look to attract staff in a tightening labour market, a new report has found.
But the latest UK Business Confidence Monitor (BCM), published by the Institute of Chartered Accountants in England & Wales (ICAEW) and Grant Thornton, cautioned that skill shortage issues had started to emerge.More than a quarter (26 per cent) of businesses had reported that finding workers with non-management skills was more challenging than a year ago, up from just 5 per cent in the fourth quarter of 2013.
