FX.co ★ UK Total Pay Growth Eases

In the UK, total average weekly earnings, including bonuses, experienced a 4.7% increase year-on-year, reaching GBP 739 in the three months leading up to October 2025. This represents a slowdown from a slightly revised 4.9% in the previous period, though it surpassed market forecasts of 4.4%. Wage growth in the private sector declined to 4.0% from 4.4%, the slowest rate since the December 2020–February 2021 period. On the other hand, public sector wages grew at a 7.7% rate, the fastest since July–September 2023, following a 6.8% increase. When adjusted for inflation, total earnings rose by 0.6%, down from 0.7% in the preceding quarter, marking the lowest growth since May–July 2025.