Pay growth at record high
Average wages for UK employees grew by 7.3% in March to May compared with the same period a year earlier, equalling the highest level on record. Total pay (including bonuses)…
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Pay growth still failing to keep up with inflation
Workers in the UK have seen their pay increase at the fastest rate in more than 20 years, but wages in real terms are still failing to keep up with…
Record pay slump for UK workers
Wage rises for UK employees are still being outpaced by the rising cost of living, according the latest data. Regular pay, excluding bonuses, rose by 4.7% between April and June,…
Record fall in UK pay as inflation hits 40-year high
Pay rises are still failing to keep up with inflation, according to the latest data from the Office for National Statistics (ONS). New figures for March to May 2022 show…
Pandemic pay cuts for FTSE 100 bosses ‘superficial’
Short-term executive pay cuts during the coronavirus pandemic will not be enough to address a culture of excessive bonuses at top UK firms, according to a new report. In their…