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International Business Times UK

Business

Danielle Summer

UK Wage Growth Continues To Slow And Threaten Labour Market

United Kingdom the Office for National Statistics Bank of England Grant Fitzner The Bank of England Yael Selfin

In the three months leading up to October last year, the rate of pay growth was measured at a pace of 7.2 per cent. (Credit: Google)

Once again, wage growth has slowed in the UK jobs market.

Today, according to the Office for National Statistics, the annual rate of growth in earnings, including annual bonuses, has slowed to 6.5 per cent.

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