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UK Pay Rises Slow as Employers Grow Cautious
22 Apr
Summary
- Median pay deals were 3.5% in the quarter ending March.
- Initial analysis suggests a 3% median pay award for April.
- Employers show caution due to economic outlook and costs.
British employers offered marginally higher pay deals during the first quarter of 2026. The median pay settlement reached 3.5% in the three months leading up to March, an increase from the previous period.
However, initial data for April suggests a potential softening. Almost half of the year's wage settlements occur in April, and early analysis indicated a median pay award of 3% for this month. Employers appear cautious due to an uncertain economic outlook and increased operational costs.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
