UK Wage Data

13 August 2024 Pound Sterling Outperforms After Unemployment Slips, Wage Growth Surprises

Pound Sterling rose against all major currencies in early trade on Tuesday, driven by a bid in GBP/EUR, after official data showed employment rising and the unemployment rate falling late in the se…

16 April 2019 Pound Volatility After Germany's Maas Signals Harder German Line on Brexit Extension while UK Wages Show Robust Growth

Sterling volatility was seen on Tuesday after Heiko Maas indicated a harder line will be forthcoming from Germany on any future Brexit extensions,  while the domestic agenda will be dominated …

19 February 2019 UK Employment and Wages: Solid Data Defy Expectations for a Downturn

The UK labour market appears to be in decent shape with numbers out of the ONS confirming January saw a joint record for the numbers of employed in the UK economy.

22 January 2019 UK Unemployment Falls and Wage Growth Hits Fresh Post-crisis High as Labour Market Tightens

Unemployment fell back to a multidecade low and wages rose at their fastest pace since the financial crisis during November, according to Office for National Statistics data released Tuesday, as th…

11 December 2018 UK Wage Growth Picks Rises at Fastest Pace since April 2010 as Labour Market Tightens in October

The labour market remained in rude health during October, keeping the unemployment rate close to a multi-decade low and helping to lift the rate of wage growth to its highest level since April 2010…

16 October 2018 Wage Boost: Pound Sterling Sent Higher Against Euro and Dollar as Pay Increases Hit 10-Year High

U.K. wages grew faster-than-expected in August according to the latest labour market statistics released by the Office for National Statistics, news that allowed Sterling to recover more of the los…

10 October 2018 U.K. Set for a Pay Rise says Haldane

The Bank of England's Chief Economist and prominent Monetary Policy Member Andy Haldane has told a gathering in London that the U.K. is seeing a "new dawn breaking for pay growth."

11 September 2018 U.K. Wages Grow Faster than Economists Expected

The Pound advanced further on rivals Tuesday after official data showed wage pressures building in the UK's tight labour market while traders also continued to reward signs of progress in the …

14 August 2018 The Pound Spikes as UK Unemployment Rate Dips, at a Multi-Day Best vs. Euro and Dollar

A busy week of UK data releases kicks off today with employment and wage data due for release at 09:30 B.S.T.

12 June 2018 British Pound Rises after UK Unemployment Holds Lowest Level Since 1975 but PM May's Brexit Test Looms

Pound Sterling erased earlier losses and advanced against the developed world currency basket Tuesday after the latest labour market report showed the UK economy continuing to create new jobs at a …

15 May 2018 British Pound Firms as Employment & Wage Numbers Hit Target

The British Pound firmed as a highly-anticipated set of labour and wage data broadly met expectatations.

17 April 2018 Pound Sterling Slips on Wages Disappointment Even as UK Unemployment Falls to Fresh 42 Year Low

The Pound pared earlier gains Tuesday as traders responded to a mixed labour market report, which showed wage packets growing slower than was expected in February, while the unemployment rate fell …

06 April 2018 Job Vacancies up 7.6% as "UK Labour Market Strengthens" say CV Library

But businesses still proving reluctant to push pay rates higher, something the Bank of England is looking for to justify raising interest rates in 2018.

21 March 2018 Pound Sterling Rises as UK Wages Grow Faster than Expected in January and Unemployment Rate Falls

The Pound rose strongly against a basket of developed world currencies Wednesday as markets responded to the latest volley of labour market data, which showed UK wages growing faster than expected …

19 March 2018 UK Wages Rise at Fastest Pace Since 2009 as BoE Prepares for Latest Rate Decision

The outlook for Pound Sterling brightened Monday when an IHS Markit survey showed a rise in UK wage pressures during the current month, which is something that is sure to grab the attenti…

07 March 2018 UK Wage Growth to Continue Sluggish Journey Higher as Workers Place Job Security Above Better Pay

Unemployment may be at historic lows but that doesn't seem to be increasing pay, as traditional economic theory would suggest.

21 February 2018 UK Employment Data Disappoints but Pay Growth Starts to Gain Traction

Wednesday’s data comes at a time when the unemployment rate has held at a 42 year low for five months and wages have seen their longest run of uninterrupted growth since before the financial crisis…

25 January 2018 2018 Could see UK Wages Boom say Economists

The UK is enjoying a heyday of full employment according to recent data and this will push up wages soon, say economists, but this may not be the whole story suggest examples from other countries.

24 January 2018 Pound Sterling Rises Amidst Signs UK Wages will Begin to Accelerate

Markets will now have one eye on the Bank of England after Wednesday's labour market data reinforced expectations that a pickup in wages is underway.

09 January 2018 "Steep Increases in Pay" Reported by IHS Markit in Latest U.K. Jobs Report, Increases Prospect of Bank of England Interest Rate Rise in May

Permanent placements rise at quicker pace as temporary billings continue to expand sharply, meanwhile demand for staff moderates slightly but remains robust.