UK wage growth shows need for pay restraint - PM Sunak's spokesperson

A key measure showing British wages rose at the joint fastest pace on record illustrated the challenge the government faces reducing inflation and the need for pay restraint, Prime Minister Rishi Sunak's spokesperson said on Tuesday. Employees' basic earnings rose 7.3% in the three months to May, compared with the same period a year ago. "We need to stay disciplined," Sunak's spokesperson said.


Reuters | London | Updated: 11-07-2023 17:16 IST | Created: 11-07-2023 16:43 IST
UK wage growth shows need for pay restraint - PM Sunak's spokesperson
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  • United Kingdom

A key measure showing British wages rose at the joint fastest pace on record illustrated the challenge the government faces reducing inflation and the need for pay restraint, Prime Minister Rishi Sunak's spokesperson said on Tuesday. Employees' basic earnings rose 7.3% in the three months to May, compared with the same period a year ago.

"We need to stay disciplined," Sunak's spokesperson said. "Part of that obviously involves pay restraint."

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