UK wage growth slows to 3.8 percent as hiring stabilizes

Wage growth in the United Kingdom has slowed to its weakest pace in over five years, providing some relief to the Bank of England as it balances domestic cooling against global energy risks. Regular earnings grew by 3.8% in the three months to January, down from 4.1% in the previous quarter and slightly below market expectations. This deceleration comes as the central bank prepares to signal its next policy moves amid heightened tensions in the Middle East.