Wages saw Faster than expected growth in the three months to July, as they continued to outstrip rising prices.

Excluding bonuses, wages grew by 2.9%, according to figures from the Office for National Statistics (ONS), well above the inflation rate.


Earnings have now outstripped inflation for four months.


Unemployment continued to fall, dropping by 55,000 to 1.36 million, with the jobless rate remaining at 4%, its lowest level for over 40 years.


The number of people in work was unchanged at 32.4 million.








BBC    News.