UK wages rose at the fastest pace in a decade in the three months to October, suggesting that real pay growth is turning sustainable and contribute to economic growth if a "no-deal" Brexit is avoided.
Average wages including bonuses rose 3.3 percent year-on-year, which was the biggest increase since the May to July period of 2008, the Office for National Statistics said on Tuesday. Economists had forecast a 3 percent increase.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.