LONDON, Feb 18 (Reuters) – Pay settlements awarded by British employers have risen in value after a largely stable 2025, suggesting the start of a shift towards higher deals this year as businesses compete for staff, data provider Brightmine said on Wednesday.
The median basic pay award of 3.2% in the three months to the end of January represented a marginal increase from the 3% level recorded over 2025 as a whole, Brightmine said.
The Bank of England is monitoring pay growth as it considers when to resume its cuts to interest rates. A broader measure of pay in official data published on Tuesday showed a slowdown in earnings growth in the last three months of 2025.
Brightmine said:
(Writing by William Schomberg; editing by Suban Abdulla)
