20 October 2026, 09:33 United Kingdom: Total Pay Growth Below Estimates.
Total average weekly earnings in the UK, including bonuses, rose 3.7% year-on-year to GBP 757 in the three months to August 2026, slowing from 3.9% in the previous three-month period and falling short of market expectations of 3.8%. The latest reading marked the softest annual growth since the three months to November 2020, as private-sector pay growth eased to 3.1% from 3.3%, its weakest pace since the three months to November 2020. Public-sector pay growth also slowed to 6.3% from 6.6%. After adjusting for inflation, total earnings rose 0.7%, down from 1.0% in the three months to July and marking the weakest growth since the three months to February.
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