UK regular wage growth hits 3.4 percent in first quarter
British wages grew 3.4% in early 2026, matching forecasts. The Bank of England is weighing this against rising energy costs and a slowdown in hiring activity.
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United Kingdom regular wage growth held steady at 3.4% during the first three months of 2026. This figure matched the median forecast of economists polled by Reuters. The data suggests a cooling labor market as the central bank balances persistent inflation against a slowdown in hiring.
