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High wage growth persisted in the three months to February, official data has shown, as public sector pay increases continued to drive growth. Annual growth in average weekly earnings excluding ...
Wage growth beats inflation rate in 2025. Today’s CPI report and CPI data show prices finally cooling in 2025.
AVERAGE earnings in the UK has remained high, fresh data has shown. Regular earnings decreased to 5.6% in the three months to February, but was 2.8% higher after taking inflation into account.
While wage growth is "strong" there are signs of caution among employers as the number of job vacancies fell to pre-pandemic levels for the first time since 2021.
Obviously, the government can’t set wages directly. But research shows recent policies that have increased worker power are associated with strong wage growth.
UK wage growth rose to 5.9% in the three months to February despite falling job vacancies and a cooling labour market.
UK wage growth accelerated in the three months through February but employers shed jobs, complicating the decision over how fast the Bank of England can cut interest rates to combat the fallout from ...
Elevated levels of wage growth will be considered by Bank of England officials when they vote on whether to reduce interest rates from their current level, 4.5%, at their meeting next month.
The availability of jobs worsened further, with vacancy numbers dropping to 781,000 for the three months to March, the ONS ...