Regular pay in the UK, excluding bonuses, rose 4.2% year-on-year to GBP 691 per week in the three months to December 2025, slowing from a marginally revised 4.4% in the previous period and matching market forecasts. It was the weakest increase since the three months to January 2022, with private sector wages slowing to 3.4% from 3.6%, the lowest since late 2020. Meanwhile, public sector pay slowed to 7.2% from a record high of 7.9%. By industry, the strongest annual gains were seen in wholesale, retail, hotels, and restaurants (5.1%), followed by manufacturing (4.4%),, services (4.2%), construction (2.3%), and finance and business services (2.0%). Adjusted for inflation, real wages rose 0.5% in the three months to December, following a 06% gain in the previous two periods. source: Office for National Statistics

Average Earnings Excluding Bonus in the United Kingdom decreased to 4.20 percent in December from 4.40 percent in November of 2025. Average Earnings Excluding Bonus in the United Kingdom averaged 3.38 percent from 2001 until 2025, reaching an all time high of 7.90 percent in August of 2023 and a record low of -0.20 percent in June of 2020. This page includes a chart with historical data for the United Kingdom Average Earnings Excluding Bonus YoY. United Kingdom Average Earnings Excluding Bonuses YoY - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Average Earnings Excluding Bonus in the United Kingdom decreased to 4.20 percent in December from 4.40 percent in November of 2025. Average Earnings Excluding Bonus in the United Kingdom is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Average Earnings Excluding Bonuses YoY is projected to trend around 2.30 percent in 2027 and 2.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-20 07:00 AM
Average Earnings excl. Bonus (3Mo/Yr)
Nov 4.5% 4.6% 4.5% 4.5%
2026-02-17 07:00 AM
Average Earnings excl. Bonus (3Mo/Yr)
Dec 4.2% 4.4% 4.2% 4.4%
2026-03-19 07:00 AM
Average Earnings excl. Bonus (3Mo/Yr)
Jan 4.2% 4.1%


Related Last Previous Unit Reference
Average Earnings excl. Bonus (3Mo/Yr) 4.20 4.40 percent Dec 2025
Average Weekly Hours 31.90 31.80 Hours Dec 2025
Claimant Count Change 28.60 2.70 Thousand Jan 2026
Employed Persons 34244.00 34303.00 Thousand Dec 2025
Employment Change 52.00 82.00 Thousand Dec 2025
Employment Rate 75.00 75.10 percent Dec 2025
Full Time Employment 25499.00 25537.00 Thousand Dec 2025
Inactivity Rate 20.80 20.80 percent Dec 2025
Job Vacancies 726.00 736.00 Thousand Dec 2025
Labor Force Participation Rate 79.20 79.20 percent Dec 2025
Labour Costs 112.70 110.70 points Sep 2025
HMRC Payrolls Change -10.56 -5.65 Thousand Jan 2026
Part Time Employment 8745.00 8766.00 Thousand Dec 2025
Population 69.28 68.49 Million Dec 2024
Labour Productivity 99.00 99.60 points Dec 2025
Real Earnings Excluding Bonuses 0.30 0.50 percent Dec 2025
Real Earnings Including Bonuses -0.40 1.00 percent Dec 2025
Unemployed Persons 1662.20 1659.50 Thousand Dec 2025
Unemployment Rate 5.20 5.10 percent Dec 2025
Average Earnings incl. Bonus (3Mo/Yr) 4.20 4.60 percent Dec 2025
Average Weekly Wages 735.00 740.00 GBP/Week Dec 2025
Wages in Manufacturing 810.00 807.00 GBP/Week Dec 2025
Youth Unemployment Rate 14.00 13.70 percent Dec 2025


United Kingdom Average Earnings Excluding Bonuses YoY
In the United Kingdom, Average Earnings Excluding Bonuses refers to changes in average weekly earnings, before tax and other deductions and excluding bonuses.
Actual Previous Highest Lowest Dates Unit Frequency
4.20 4.40 7.90 -0.20 2001 - 2025 percent Monthly
SA

News Stream
UK Wage Growth Eases to Near 4-Year Low
Regular pay in the UK, excluding bonuses, rose 4.2% year-on-year to GBP 691 per week in the three months to December 2025, slowing from a marginally revised 4.4% in the previous period and matching market forecasts. It was the weakest increase since the three months to January 2022, with private sector wages slowing to 3.4% from 3.6%, the lowest since late 2020. Meanwhile, public sector pay slowed to 7.2% from a record high of 7.9%. By industry, the strongest annual gains were seen in wholesale, retail, hotels, and restaurants (5.1%), followed by manufacturing (4.4%),, services (4.2%), construction (2.3%), and finance and business services (2.0%). Adjusted for inflation, real wages rose 0.5% in the three months to December, following a 06% gain in the previous two periods.
2026-02-17
UK Wage Growth Slows to Near 4-Year Low
Regular pay in the UK, excluding bonuses, rose 4.5% year-on-year to GBP 689 per week in the three months to November 2025, slightly easing from 4.6% in the previous period and aligning with market forecasts. It was the weakest increase since the three months to April 2022, with private sector wages slowing to 3.6% from 3.9%, the lowest since late 2020. Public sector pay, however, accelerated to 7.9% from 7.6%, the fastest rise on record. By industry, the strongest annual gains were seen in wholesale, retail, hotels, and restaurants (5.1%), followed by services (4.6%), manufacturing (4.4%), construction (2.4%), and finance and business services (2.2%). Adjusted for inflation, real wages rose 0.6% in the three months to November, holding steady for the second period in a row.
2026-01-20
UK Wage Growth Slows Slightly
Regular pay in the UK, excluding bonuses, rose 4.6% year-on-year to GBP 687 per week in the three months to October 2025, easing from a marginally revised 4.7% in the previous period but surpassing market expectations of 4.5%. Private sector wages slowed to 3.9% from 4.2%, the lowest since late 2020. Public sector pay, however, accelerated to 7.6% from 6.6%, the steepest rise on record. By industry, the fastest annual gains were seen in wholesale, retail, hotels, and restaurants (5.5%), followed by services (4.7%), manufacturing (4.5%), construction (2.9%), and finance and business services (2.3%). Adjusted for inflation, real wages rose 0.5%, remaining the weakest growth since 2023.
2025-12-16