Average weekly earnings rose by a bigger-than-expected annual rate of 6.4% in the three months to November, figures showed today.
The increase, which remains significantly below inflation, was revealed by the Office for National Statistics alongside an unchanged unemployment rate of 3.7%.
Elsewhere, the FTSE 100 index is showing little appetite for breaking into record territory after weak sessions for stocks including Ocado and Unilever. Figures from China earlier revealed its Covid-hit economy last year grew at its second slowest pace since 1976.
