Salaries in London on the rise

Salaries are growing in London, according to an employment survey.

The London Reed job index is at 105, compared with 100 a year ago.

Reed said skills shortages are pushing up pay with salaries in consultancy and retail up 20 per cent on the start of 2010.

Martin Warnes of Reed said: "Jobs growth and new salaries in London have outpaced the UK as a whole, driven by returning private sector demand."