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UK wage growth picks up to 11-year high

UK wage growth picks up to 11-year high
Overhead shot of office workers at a table Image copyright Getty Images

Wage growth in the UK picked up to 3.9% in the year to June, the highest rate for 11 years, according to Office for National Statistics figures.

However, the unemployment rate in the April-to-June period edged up slightly to 3.9%.

The employment rate was estimated at 76.1%, the joint highest since comparative records began in 1971.

Figures released last week showed the economy shrank 0.2% in the second quarter, the first fall since 2012.

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