Wage growth continued to rise in the UK, driven by strong pay rises in the private sector, official figures show.
Regular pay increased by 5.6% on average between September and November, according to the Office for National Statistics (ONS), compared with the same period the year before.
However, private sector earnings growth was stronger at 6%, compared with a rise of 4.1% in the public sector.
Despite a risk of higher wages pushing up inflation, the Bank of England is still expected to cut interest rates next month.
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, 2025-01-21 07:28:00