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Are UK pay rises slowing?

Yes, the story shows typical pay increases are below earlier 2026 levels and close to last year's. This suggests a general cooling in the rate of wage growth across the UK economy. Employers are becoming more cautious with pay awards as they face increasing budget pressures for 2027.

Stories that explain this

UK pay rises hit 3.1%, but employers face tighter 2027 budgets

Related explainers

Is 3.1% a good pay rise? Who cares about pay rises? Will my pay rise be 3%? Why are budgets tighter? Global pay rise trends Will I get a pay rise? Will my pay rise slow down? How do pay rises work?

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