Money
1. Between April and June 2023, UK wages grew at their strongest pace since records began, fuelling concern that a wage-price spiral could boost inflation despite 14 consecutive interest-rate hikes. What was the rate of annual growth in regular pay, excluding bonuses?
1) 8.7% 2) 7.8% 3) 7.5%
2. In order to curb soaring inflation, in November Turkey’s central bank raised its main interest rate by five percentage points to its highest level in nearly two decades. What was the rate?
1) 35% 2) 45% 3) 40%
3. In November 2023 chancellor Jeremy Hunt raised the National Living Wage (NLW) and adjusted it to include people over 21 (the previous minimum age was 25) for the first time. What is the new NLW that is expected to take effect from next April?
1) £11.44 an hour 2) £10.44 an hour 3) £12 an hour
