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UK Markets - UK wage growth hits six-month high ahead of crunch BOE meeting

21-01-2025 02:59

Pay excluding bonuses rose 5.6% in the three months through November from a year earlier Read more at straitstimes.com.

FTSE 100 LIVE: London markets up as wage growth data dampens rate cut hopes

Pay packets increased on average by 3.4% on the year. The Office for National Statistics said private sector pay growth outstripped that of the public sector.

Wage growth and jobless rate rising, official figures show

The latest employment figures will be closely scrutinised by the government but also the Bank of England as financial markets increasingly expect interest rate cuts due to post-budget weaknesses in UK ...

UK labour market quantities weaker in final months of 2024

The big test for the UK labour market will come over the next six months, with changes to National Insurance due to begin in April. The exact share of the new tax that will be passed on via fewer jobs ...

Unemployment rate rises, but pay growth picks up as UK jobs market stalls

The Office for National Statistics said the rate of unemployment increased to 4.4% in the three months to November, up from 4.3% in the three months to October ...

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