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UK Pay Settlements Hold Steady Amid Rising Private Sector Wages

11/5/2025

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Story summary
  • The UK median pay settlement remained at 3% for the three months ending September, Incomes Data Research (IDR) reports, marking the third straight quarter at this level.
  • Private-sector pay rises at 4% or more nearly doubled, rising from 12% to 23% in a survey of 35 deals affecting about 800,000 employees.
  • Public-sector pay averaged 4%, while the Bank of England is expected to hold rates at 4% as inflation eases.