Wages are set to rise by more than inflation for the first time in almost six years, says an economic forecaster.
EY says a "long period of low inflation" means average earnings could rise faster than the cost of living as early as this month.
It believes low inflation and a strong pound will keep an interest rate rise on hold until the end of 2015.
The auditor also thinks the UK economy will see "decent but unspectacular" growth of 2.9% this year.
