CBI: Sustainable wage growth can only come with investment

With Productivity lagging, private sector wages will not rise - unlike inflation, which is ecxpected to hit 3% before the year is out. Rain Newton-Smith of the CBI, believes the only way the government can increase productivity is to invest in skills, infrastructure, education and have innovation right across the economy. Report by Russellcooperr. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn