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UK employer pay awards edge up to 3.1%, Brightmine says
LONDON: Pay settlements by British employers edged up in the three months to the end of September but there was little sign of a shift in wage trends, human resources data firm Brightmine said on Wednesday. Bank of England’s Bailey says second-round inflation pressures look subdued so far The median pay award by employers rose to 3.1%, up from 3.0% in the previous three-month periods to August and July but lower than the pace of increases seen earlier this year. On Tuesday, official data showed private sector wage growth rose for the first time since the end of 2024, adding to the c...
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