12 August 2025, 10:10  United Kingdom: Wage Growth Holds at Nearly 3-Year Low.

Regular pay excluding bonuses in the UK rose 5% year-on-year to GBP 679 per week in the three months to June 2025, unchanged from the previous period, matching market expectations, and remaining at its softest pace in nearly three years. Public sector wage growth accelerated (5.7% from 5.5%), marking the highest reading since the three months to February, while private sector growth edged down to 4.8% from 4.9%. By industry, the fastest annual increases were in wholesale, retail, hotels, and restaurants (6.8%), followed by services (5.0%), manufacturing (4.6%), construction (4.2%), and finance and business services (3.1%). Adjusted for inflation, real wages rose 0.9%, the weakest since the three months to July 2023.

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