The move means its entry-level rates will be just above the new national living wage, coming into effect from April 1.
While annual inflation stood at over five times the Bank of England’s 2pc target for the fifth consecutive month in January, it is widely expected to decline rapidly. The Old Lady of Threadneedle Street, for instance, anticipates that annual inflation will fall from 10.1pc to just 3pc by the first quarter of next year.
If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...