Regular pay in the UK, excluding bonuses, rose 4.2% year-on-year to GBP 691 per week in the three months to December 2025, slowing from a marginally revised 4.4% in the previous period and matching market forecasts. It was the weakest increase since the three months to January 2022, with private sector wages slowing to 3.4% from 3.6%, the lowest since late 2020. Meanwhile, public sector pay slowed to 7.2% from a record high of 7.9%. By industry, the strongest annual gains were seen in wholesale, retail, hotels, and restaurants (5.1%), followed by manufacturing (4.4%),, services (4.2%), construction (2.3%), and finance and business services (2.0%). Adjusted for inflation, real wages rose 0.5% in the three months to December, following a 06% gain in the previous two periods.