Finance

UK regular pay rises 5.2% in three months to Oct

Published by Global Banking & Finance Review

Posted on December 17, 2024

1 min read

· Last updated: January 27, 2026

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LONDON (Reuters) - British average weekly earnings, excluding bonuses, were 5.2% higher in the three months to the end of October than a year earlier, the Office for National Statistics said on

UK Regular Pay Increases by 5.2% in Three Months to October

LONDON (Reuters) - British average weekly earnings, excluding bonuses, were 5.2% higher in the three months to the end of October than a year earlier, the Office for National Statistics said on Tuesday.

A Reuters poll of economists had mostly forecast regular wage growth of 5.0%.

(Reporting by Suban Abdulla and Sachin Ravikumar; Editing by Kate Holton)

Key Takeaways

  • UK regular pay rose by 5.2% in the three months to October.
  • The increase exceeded economist forecasts of 5.0%.
  • Data was released by the Office for National Statistics.
  • The report highlights ongoing wage growth in the UK.
  • Economic implications of wage trends are being analyzed.

Frequently Asked Questions

What is the main topic?
The article discusses the rise in UK regular pay by 5.2% in the three months to October, surpassing economist forecasts.
What data source is mentioned?
The data was provided by the Office for National Statistics.
How does the pay rise compare to forecasts?
The pay rise of 5.2% exceeded the economist forecast of 5.0%.

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