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UK regular pay rises 5.6% in 3 months to Nov.
Pay after inflation rises at fastest rate since 2021
Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.
UK regular pay rises 5.6% in three months to November
British average weekly earnings, excluding bonuses, were 5.6% higher in the three months to the end of November than a year earlier, the Office for National Statistics said on Tuesday. A Reuters poll of economists had pointed to regular wage growth of 5.
Unemployment rate rises but pay growth picks up again - ONS
Britain's jobless rate has risen unexpectedly and the number of workers on payrolls has fallen by the most since the height of the pandemic, according to official figures. The Office for National Statistics said the rate of unemployment increased to 4.
1d
Wages are outstripping inflation at the fastest pace since 2021, figures show
The British Chambers of Commerce has warned that there are already 'warning lights' flashing over the jobs market as the ...
i
7d
Inflation falls to 2.5% - here's what it means for your money
Services inflation fell from 5 per cent to 4.4 per cent. This is a figure watched closely by the Bank when deciding whether ...
7d
on MSN
Why has inflation fallen and why is this good news for the Government?
The latest data has raised expectations that the Bank of England could cut UK interest rates again next month.
spectator.com.au
6d
Inflation dip marks a welcome surprise for Rachel Reeves
Rachel Reeves has found brief respite this morning, with the Office for National Statistics confirming that inflation dipped ...
6d
on MSN
Inflation rate dipped to 2.5% in December
The rate is still well above the Bank of England’s target of 2% but could open the door to another interest rate cut next ...
8d
on MSN
December inflation set to stay at 2.6% in ‘reprieve’ for UK economy
The rate of Consumer Prices Index (CPI) inflation is expected to have come in at 2.6% last month, unchanged from November.
7d
on MSN
UK Inflation Unexpectedly Drops in December, Easing Pressure in Bond Markets
Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...
7d
UK inflation falls as millions set to be hit with hefty bill hikes plus what it means for your money
THE UK’s rate of inflation has slowed in a boost for the government – we reveal what it means for your money. The Office for ...
7d
How fall in inflation will impact universal credit payments
The latest figures from the ONS show UK inflation fell to 2.5% for December 2024 from 2.6% in November. This follows a period ...
7d
What inflation means for your money - from mortgages and savings to pensions
The rise in the inflation rate means higher product prices and a fall in the purchasing power of money. When general prices ...
2h
£18bn borrowing costs at four-year high as Reeves’ budget headache worsens
Chancellor Rachel Reeves ‘s financial headache has been inflamed by a surprise jump in borrowing in December, which leapt to a four-year high of nearly £18 billion.
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