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UK average weekly earnings, excluding bonuses, were 5.1% higher than a year earlier in the three months to the end of July - the lowest reading since the three months to June 2022

UK pay growth eases to more than two year low

British pay growth cooled in the three months to July to a more than two-year low and employment shot higher, according to data today which likely keeps the Bank of England on track to cut interest rates again before the end of the year.

Business • 10 Sep 24

Regular wages in the UK, excluding bonuses, grew by 6% in the first three months of 2024 compared with the same time last year, new ONS figures show

UK pay grows by more than expected as BoE mulls rate cuts

British wages grew by more than expected, according to data published today, but other figures suggested the labour market is losing some of its inflationary heat, keeping the Bank of England on alert about when to cut interest rates.

Business • 14 May 24

Regular wages in the UK, excluding bonuses, grew by 6% in the three months to February compared with the same time a year ago

UK wage growth eases as Bank of England mulls rate cut

British core wage growth slowed again, posting its weakest rise since the three months to September 2022 but remained strong by historical standards, according to official figures which are likely to be given a cautious welcome by the Bank of England.

Business • 16 Apr 24

UK wages excluding bonuses grew by a slightly weaker-than-expected 6.1% in the three months to the end of January, new ONS figures show

UK regular wages grew 6.1% in 3 months to January

British wages excluding bonuses grew by a slightly weaker-than-expected 6.1% in the three months to the end of January compared with the same time a year earlier, official data from the Office for National Statistics showed today.

Business • 12 Mar 24

UK earnings, excluding bonuses, were 7.7% higher than a year earlier in the third quarter of 2023

UK wage growth cools slightly but stays close to record

British wages grew slightly less fast in the three months to September but remained close to their record pace, according to official data that will do little to ease the Bank of England's concerns about inflation pressures.

Business • 14 Nov 23

UK workers saw their earnings shrink when adjusted for inflation, new figures show today

UK jobs market sends warning signal to Bank of England

Britain's labour market is flashing some warning signs for a central bank on guard against a wage-inflation spiral, economists said today after official data showed a shrinking workforce and record levels of vacancies.

Business • 15 Feb 22

The UK unemployment rate in the period between March and May fell to its lowest since 1975 at 4.5%

UK jobless rate drops to lowest level in 42 years

UK workers saw their pay and bonus growth fall further behind inflation in the three months to the end of May, but the jobless rate hit a 42-year low.

Business • 12 Jul 17

UK employers on average expected to raise basic pay awards in the year ahead by 1%

UK employers plan smallest pay rises since 2013

British employers plan to increase pay at the weakest rate since 2013, a new survey showed today.

Business • 15 May 17

Uk Wages