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FX.co ★ UK Total Pay Growth Below Forecasts

UK Total Pay Growth Below Forecasts

During the three months leading up to September 2025, total average weekly earnings in the UK, which include bonuses, experienced a year-on-year increase of 4.8%, reaching GBP 733. This growth represents a deceleration from the previous period's 5% and falls slightly below the anticipated market forecast of 4.9%. The private sector saw wage growth dip to 4.4% from 4.8%, marking its slowest rate since the December 2020 to February 2021 period. Conversely, public sector wages surged by 6.8%, the highest growth recorded since August to October 2023, building upon a previous rise of 5.8%. When adjusted for inflation, total earnings rose by 0.7%, a slight decline from the 0.9% increase of the prior quarter.

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