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Evening Standard
Evening Standard
Business
Holly Williams

Wage growth rebounds but signs point to ongoing jobs market weakness

Office for National Statistics
UK wage growth increased for the first time in more than a year (Alamy/PA) -

UK wage growth has risen for the first time in more than a year, but signs point to an ongoing cooling off in the jobs market amid mounting uncertainty following recent Budget measures.

Official figures show regular earnings growth jumped to 5.2% in the three months to October, up from a revised 4.9% in the previous three months and the first time it has risen since August last year.

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