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Source: BBC

UK wage growth fastest for nearly 10 years

Tuesday 22:48 GMT

"Achieving a meaningful improvement in wage growth will be an uphill struggle unless the underlying issues that continue to limit pay settlements are tackled - notably sluggish productivity, considerable underemployment and high upfront costs for businesses."

David Freeman, the Office for National Statistic's (ONS) head of labour market, said: "People's regular monthly wage packets grew at their strongest rate in almost a decade, but, allowing for inflation, the growth was much more subdued. "The number of people in work remained at a near-record high, while the unemployment rate was at its lowest since the mid-1970s."


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