Britain's jump in pay closely watched in Ireland as economy reopens after Covid      

Ibec chief economist Gerard Brady said Ireland may face the same wage pressures as those that are building in Britain because the UK is further on the road to reopening. 

A large rise in workers' pay in Britain as its economy emerges from lockdown is being closely watched in Ireland for signs that wage pressures will add to the widespread price hikes sparked by the resurgent global economy. 

New figures from the British statistics office showed average total pay for employees grew 5.6% in the three months to the end of April from a year earlier, when the pandemic was first hitting hard.