In a sigh of relief for millions of British people and citizens in the rest of the United Kingdom, wages in the UK are rising at fastest in 20 years. However, it still lags behind the rate of rising cost of living.

UK: High inflation casts shadow on fastest rise in wages in 20 years

UK unemployment fell to a record low, according to government data even as wages continued to go down with rising inflation. The employment rate in the UK was below the pre-pandemic level even as job vacancies reached 1.

UK employment level falls to record low; labour shortage persists

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UK: High inflation casts shadow on fastest rise in wages in 20 years

UK employment level falls to record low; labour shortage persists