UK Total Pay Growth Tops Estimates
2026-10-20 06:31
By
Farida Husna
1 min. read
Total average weekly earnings in the UK, including bonuses, rose 3.7% year-on-year to GBP 757 in the three months to August 2026, slowing from 3.9% in the previous three-month period but exceeding market expectations of 3.8%.
The latest reading marked the softest annual growth since the three months to November 2020, as private-sector pay growth eased to 3.1% from 3.3%, its weakest pace since the three months to November 2020.
Public-sector pay growth also moderated to 6.3% from 6.6%.
After adjusting for inflation, total earnings rose 0.7%, down from 1.0% in the three months to July and marking the weakest growth since the three months to February.