General · 19 August 2026

UK private sector pay growth slows to 2.8% in second quarter

Official data released on Tuesday showed private sector regular earnings increased by 2.8% annually in the second quarter. This was the lowest rate of expansion recorded since the period ending October 2020, aligning with the Bank of England's projection. The number of job openings also decreased to 707,000 for the three months up to July.

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