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Wages in Britain grew at their fastest rate in six years during November, a labour market survey indicated on Monday, providing a rare signal that a long-term decline in real incomes is being checked by a return to economic growth. Prices have been consistently outpacing wages in Britain in recent years, squeezing household budgets and making the cost of living a key political battleground ahead of a general election in 2015. However, last month starting salaries for permanent staff rose at their highest rate since November 2007, according to survey data from the Recruitment and Employment Confederation (REC) and consultancy KPMG. The survey focuses only on data from recruitment agencies, and so is not fully representative of the labour market, but nevertheless suggests that Britain's unexpectedly strong economic recovery this year is having an impact on earnings.
THOUSAND OAKS, Calif. (AP) — The storybook ending at Sherwood had every element a golf fan could want — Tiger Woods with a commanding lead before a record crowd, clutch shots that kept getting better with every hole and a finish no one saw coming.