Labour Costs in the United Kingdom increased to 114.50 points in the first quarter of 2026 from 112.70 points in the fourth quarter of 2025. Labour Costs in the United Kingdom averaged 76.59 points from 1997 until 2026, reaching an all time high of 114.50 points in the first quarter of 2026 and a record low of 52.20 points in the first quarter of 1997. source: Office for National Statistics
Labour Costs in the United Kingdom is expected to be 115.83 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Labour Costs is projected to trend around 118.98 points in 2027 and 121.48 points in 2028, according to our econometric models.