Wages in the United Kingdom decreased to 720 GBP/Week in April from 723 GBP/Week in March of 2025. This dataset provides - United Kingdom Average Weekly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The median annual earnings for full-time employees in the United Kingdom was approximately 37,430 British pounds in 2024, compared with 34,963 pounds in the previous year. At the start of the provided time period, in 1999, the average full-time salary in the UK was 17,803 pounds per year, with median earnings exceeding 20,000 pounds per year in 2002, and 30,000 by 2019. Wages continue to grow faster than inflation in 2025 Between November 2021 and July 2023 inflation was higher than wage growth in the UK, with wages still outpacing inflation as of March 2025. At the peak of the recent wave of high inflation in October 2022, the CPI inflation rate reached a 41-year-high of 11.1 percent, wages were growing much slower at 6.1 percent. Since that peak, inflation remained persistently high for several months, only dropping below double figures in April 2023, when inflation was 8.7 percent, down from 10.1 percent in the previous month. For 2023 as a whole, the average annual rate of inflation was 7.3 percent but fell to 2.5 percent in 2024, but is forecast to increase to 3.2 percent in 2025. Highest and lowest-paid occupations As of 2023, the highest-paid occupation in the UK was that of Chief Executives and Senior Officials, who had an average weekly pay of approximately, 1,576 pounds. By contrast, the lowest-paid occupation that year was that of retail cashiers, and check-out operators, who earned approximately 383 pounds a week. For industry sectors as a whole, people who worked full-time in the electricity, gas, steam and air conditioning supply sector had the highest average earnings, at 955 pounds a week, compared with 505 pounds a week in the accommodation and food services sector, the lowest average earnings in 2023.

The median annual earnings in the United Kingdom was 37,430 British pounds per year in 2024. Annual earnings varied significantly by region, ranging from 47,455 pounds in London to 32,960 pounds in the North East. Along with London, two other areas of the UK had median annual earnings above the UK average; South East England, and Scotland, at 39,038 pounds and 38,315 pounds respectively. Regional Inequality in the UK Various other indicators highlight the degree of regional inequality in the UK, especially between London and the rest of the country. Productivity in London, as measured by output per hour, was 26.2 percent higher than the UK average. By comparison, every other UK region, except the South East, fell below the UK average for productivity. In gross domestic product per head, London was also an outlier. The average GDP per head in the UK was just over 37,000 pounds in 2023, but for London it was almost 64,000 pounds. Again, the South East's GDP per head was slightly above the UK average, with every other region below it. Within London itself, there is also a great degree of inequality. In 2023, for example, the average earnings in Kensington and Chelsea were 964 pounds per week, compared with 675 pounds in Barking and Dagenham. Wages continue to grow in 2025 In March 2025, weekly wages in the UK were growing by around 5.6 percent, or 1.8 percent when adjusted for inflation. For almost two years, wages have grown faster than inflation after a long period where prices were rising faster than wages between 2021 and 2023. This was due to a sustained period of high inflation in the UK, which peaked in October 2022 at 11.1 percent. Although inflation started to slow the following month, it wasn't until June 2023 that wages started to outpace inflation. By this point, the damage caused by high energy and food inflation had led to the the worst Cost of Living Crisis in the UK for a generation.

Annual estimates of paid hours worked and earnings for UK employees by sex, and full-time and part-time, by home-based region to local and unitary authority level.

Wages in the United Kingdom increased 5.30 percent in April of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United Kingdom Average Weekly Earnings Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages in Manufacturing in the United Kingdom decreased to 785 GBP/Week in April from 794 GBP/Week in March of 2025. This dataset provides - United Kingdom Average Weekly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

These figures show the median gross annual pay for full-time workers on a resident basis for the area, who are on adults rates of pay, and whose pay was not affected by absence. Figures are for GB pounds per annum. Full-time workers are defined as those who work more than 30 paid hours per week or those in teaching professions working 25 paid hours or more per week. Figures for earnings come from the Annual Survey of Hours and Earnings (ASHE) which is based on a 1 per cent sample of employees, information on whose earnings and hours is obtained from employers. The survey does not cover people who are self-employed, nor does it cover employees not paid during the reference period. Information relates to a pay period in April. The earnings information collected relates to gross pay before tax, national insurance or other deductions, and excludes payments in kind (i.e. payment made in the form of goods and services rather than cash). It is restricted to earnings relating to the survey pay period and so excludes payments of arrears from another period made during the survey period; any payments due as a result of a pay settlement but not yet paid at the time of the survey will also be excluded. Estimates for 2011 and subsequent years use a weighting scheme based on occupations which have been coded according to Standard Occupational Classification (SOC) 2010 that replaced SOC 2000. Therefore care should be taken when making comparisons with earlier years. Where the estimate is assessed with a coefficient of variation (CV) of over 20 per cent, these figures have been suppressed, as they are considered by the ONS as unreliable.Data is Powered by LG Inform Plus and automatically checked for new data on the 3rd of each month.

In 2024, the average annual full-time salary for men in the United Kingdom was 40,035 British pounds, compared with 34,000 pounds for women, a difference of just over 6,000 pounds. In the previous year, men earned an average annual salary of 37,382, compared with women who earned 31,672.

In April 2025, the UK minimum wage for adults over the age of 21 in will be 12.21 pounds per hour. For the 2025/26 financial year, there will be four minimum wage categories, three of which are based on age and one for apprentice workers. Apprentices, and workers under the age of 18 will have a minimum wage of 7.55 pounds an hour, increasing to ten pounds for those aged 18 to 20. When the minimum wage was first introduced in 1999, there were just two age categories; 18 to 21, and 22 and over. This increased to three categories in 2004, four in 2010, and five between 2016 and 2023, before being reduced down to four in the most recent year. The living wage The living wage is an alternative minimum wage amount that employers in the UK can voluntarily pay their employees. It is calculated independently of the legal minimum wage and results in a higher value figure. In 2023/24, for example, the living wage was twelve pounds an hour for the UK as a whole and 13.15 for workers in London, where the cost of living is typically higher. This living wage is different from what the UK government has named the national living wage, which was 10.42 in the same financial year. Between 2011/12 and 2023/24, the living wage has increased by 4.80 pounds, while the London living wage has grown by 4.85 pounds. Wage growth cancelled-out by high inflation 2021-2023 For a long period between the middle of 2021 and late 2023, average wage growth in the UK was unable to keep up with record inflation levels, resulting in the biggest fall in disposable income since 1956. Although the UK government attempted to mitigate the impact of falling living standards through a series of cost of living payments, the situation has still been very difficult for households. After peaking at 11.1 percent in October 2022, the UK's inflation rate remained in double figures until March 2023, and did not fall to the preferred rate of two percent until May 2024. As of November 2024, regular weekly pay in the UK was growing by 5.6 percent in nominal terms, and 2.5 percent when adjusted for inflation.

Average Earnings Excluding Bonus in the United Kingdom decreased to 5.20 percent in April from 5.50 percent in March of 2025. This dataset includes a chart with historical data for the United Kingdom Average Earnings Excluding Bonus YoY.

Annual estimates of UK regional gross disposable household income (GDHI) for local authorities by International Territorial Level (ITL) region.

United Kingdom UK Banks: Income and Expenditure (IE): Net Income: Total data was reported at -1,643.000 GBP mn in Dec 2024. This records an increase from the previous number of -3,940.000 GBP mn for Sep 2024. United Kingdom UK Banks: Income and Expenditure (IE): Net Income: Total data is updated quarterly, averaging 3,473.000 GBP mn from Mar 1998 (Median) to Dec 2024, with 108 observations. The data reached an all-time high of 12,865.000 GBP mn in Dec 2009 and a record low of -8,602.000 GBP mn in Mar 2024. United Kingdom UK Banks: Income and Expenditure (IE): Net Income: Total data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.KB062: UK Banks Income and Capital Expenditure.

Minimum Wages in the United Kingdom increased to 12.21 GBP/Hour in 2025 from 11.44 GBP/Hour in 2024. This dataset provides - United Kingdom Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Annual estimates of balanced UK regional gross value added (GVA(B)). Current price estimates, GVA per head and annual growth for UK countries, ITL1, ITL2 and ITL3 areas, with a broad industry breakdown and income components.

Corporate Profits in the United Kingdom increased to 152043 GBP Million in the first quarter of 2025 from 148024 GBP Million in the fourth quarter of 2024. This dataset provides the latest reported value for - United Kingdom Corporate Profits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Personal Income Tax Rate in the United Kingdom stands at 45 percent. This dataset provides - United Kingdom Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Net annual earnings for a single earner family with two children in the European Union have increased from 25,434 euros in 2013 to 33,939 euros over the period from 2013 to 2023. Net earnings received a boost during the pandemic years of 2020 and 2021, in spite of gross earnings decreasing in 2020, due to reduced taxes and increased family allowances.

United Kingdom Nominal Average Weekly Earnings: sa: Total Pay (TP): Whole Economy data was reported at 716.000 GBP in Feb 2025. This records an increase from the previous number of 711.000 GBP for Jan 2025. United Kingdom Nominal Average Weekly Earnings: sa: Total Pay (TP): Whole Economy data is updated monthly, averaging 461.000 GBP from Jan 2000 (Median) to Feb 2025, with 302 observations. The data reached an all-time high of 716.000 GBP in Feb 2025 and a record low of 299.809 GBP in Feb 2000. United Kingdom Nominal Average Weekly Earnings: sa: Total Pay (TP): Whole Economy data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.G083: Average Weekly Earnings: Seasonally Adjusted: SIC 2007 . Labour Force Estimates are shown for the mid-month of the three-month average time periods. For example, estimates for January to March 2012 are shown as 'February 2012', estimates for February to April 2012 are shown as 'March 2012', etc. [COVID-19-IMPACT]

United Kingdom Real Average Weekly Earnings: sa: Total Pay: Whole Economy data was reported at 528.000 GBP in Feb 2025. This records an increase from the previous number of 522.000 GBP for Jan 2025. United Kingdom Real Average Weekly Earnings: sa: Total Pay: Whole Economy data is updated monthly, averaging 489.588 GBP from Jan 2000 (Median) to Feb 2025, with 302 observations. The data reached an all-time high of 530.000 GBP in Oct 2024 and a record low of 411.427 GBP in Feb 2000. United Kingdom Real Average Weekly Earnings: sa: Total Pay: Whole Economy data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.G083: Average Weekly Earnings: Seasonally Adjusted: SIC 2007 . [COVID-19-IMPACT]

United Kingdom Nominal Average Weekly Earnings: sa: Regular Pay (RP): Whole Economy data was reported at 492.854 GBP in Sep 2018. This records an increase from the previous number of 492.070 GBP for Aug 2018. United Kingdom Nominal Average Weekly Earnings: sa: Regular Pay (RP): Whole Economy data is updated monthly, averaging 411.297 GBP from Jan 2000 (Median) to Sep 2018, with 225 observations. The data reached an all-time high of 492.854 GBP in Sep 2018 and a record low of 292.867 GBP in Mar 2000. United Kingdom Nominal Average Weekly Earnings: sa: Regular Pay (RP): Whole Economy data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.G049: Average Weekly Earnings: Seasonally Adjusted: SIC 2007 .