Vacancies fell 49,000 to 934,000 over the three months to DecemberOfficial figures show salaries excluding bonuses rising 6.6 per cent, down from 7.2 per cent in the previous quarterWage growth in the UK slowed to its weakest pace in just under a year over the last quarter, adding to evidence that inflation is on track to fall within touching distance of the Bank of England’s 2 per cent target soon. In the three months to November, salaries excluding bonuses rose 6.6 per cent on an annual basis, down from a 7.2 per cent increase in the previous quarter and to the lowest level since January last year, according to the Office for National Statistics. SponsoredThe figure was in line with City analysts’ expectations. Including bonuses, earnings grew 6.5 per cent, much lower than forecast and also down from an increase of 7.2 per cent in the previous quarter. When accounting for inflation, wages

Source: The Times January 16, 2024 15:27 UTC