ONS figures come as the government is under pressure to revive Britain’s economy before the budget
The UK’s labour market has continued to cool, according to official figures, amid a slowdown in annual pay growth and rising job losses.
Figures from the Office for National Statistics show annual growth in regular earnings, excluding bonuses, slowed to 4.8% in the three months to July, down from 5% in the three months to June, matching the forecasts of City economists.
Continue reading…ONS figures come as the government is under pressure to revive Britain’s economy before the budgetThe UK’s labour market has continued to cool, according to official figures, amid a slowdown in annual pay growth and rising job losses.Figures from the Office for National Statistics show annual growth in regular earnings, excluding bonuses, slowed to 4.8% in the three months to July, down from 5% in the three months to June, matching the forecasts of City economists. Continue reading…
