UK pay growth slows as job vacancies hit five-year low
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Business category. Published on August 18, 2026 • Originally reported by Richard Partington Senior economics correspondent. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Business category. Published on August 18, 2026 • Originally reported by Richard Partington Senior economics correspondent. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Iran war prompts cost of living squeeze for workers as ONS reports unemployment rate stays at 4.9%
Wage growth in the UK slowed in June and vacancies hit a five-year low as workers came under pressure from a renewed cost of living squeeze amid the economic impact from the Iran war.
Figures from the Office for National Statistics show average growth in total earnings, including bonuses, fell to 4.1% in the three months to June, down from 4.4% in the three months to May.
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