Total pay in the UK grew 8.5% year on year in July, another acceleration. While this figure partly reflects the impact of one-off payments to public sector staff, regular pay growth (which excludes such bonuses) also remains stubbornly high at 7.8% year on year.
To read this article, you need a subscription to Investment Officer. If you don't have a subscription yet, click on 'Subscribe' to see the various subscription options.
