Why is UK wage growth so strong?

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UK wage growth holds steady at 5.9%
Figures come as Bank of England is expected to hold interest rates on ThursdayFinancial Times - 1d -
UK economy shrinks unexpectedly in blow to Rachel Reeves
ONS data showing 0.1% fall in GDP in January comes less than two weeks before chancellor’s spring statement. Analysis: Shrinking economy an unhelpful backdrop for Reeves’s growth push The UK ...The Guardian - Mar. 14 -
OECD cuts UK growth forecasts as Reeves grapples with weak economy
Downgrade comes ahead of Spring Statement, when official forecasts are expected to show much weaker GDP outlookFinancial Times - 4d -
Positive Job Numbers in February Don’t Erase Worries About the Economy
Official data showed businesses added 151,000 new jobs last month, outpacing January but unlikely to allay rising fears of slowing growth.Inc. - Mar. 7 -
Million-dollar wage earners have already stopped paying into Social Security for 2025
In 2025, Social Security payroll taxes apply to wages up to $176,100. Workers with $1 million in annual wages have already stopped paying those taxes for the year.CNBC - Mar. 7 -
China plans to ‘vigorously boost consumption’ to shore up economy
Communist party aims to ‘promote reasonable wage growth’ and to reduce financial burdens amid Trump tariffs. Business live – latest updates China’s government has announced ambitious plans to ...The Guardian - 4d -
Americanswers…on 5 Live! Is Trump worried about the US economy?
Americanswers…on 5 Live! Is Trump worried about the US economy?BBC News - Mar. 10 -
The UK’s ‘quango’ state
Starmer’s push to slash arm’s-length bodies follows in a long line of ‘red tape challenges’ by previous governmentsFinancial Times - 2d -
Does the Fed Share the Stock Market’s Worry About the Economy?
So far, the Federal Reserve has avoided commenting on the increasingly uncertain outlook, but investors are waiting to see whether it changes its projections on Wednesday.The New York Times - 1d
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Donald Trump takes on America’s elite
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UK government borrowing overshoots expectations
Official figures will add to pressure on chancellor as she prepares for Spring Statement next weekFinancial Times - 3h
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