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UK Median Full-Time Salaries Rise 4.5%, Slowest Since 2021

Median annual pre-tax pay in Britain rose 4.5% to £40,911 in the 12 months to April, down from 4.6% the previous year, according to the official pay survey.

Britain’s median annual pre-tax salary for full-time workers climbed 4.5% to £40,911 ($54,841) in the 12 months to April. That was the smallest increase since 2021 and slower than the 4.6% rise recorded a year earlier, according to the country’s largest official pay survey. The Bank of England is monitoring pay as it judge…