Wage rises for lowest paid 'worst level in three years'

WAGE rises for low-paid workers are at the worst level in three years, as economists fear that high inflation will erode incomes.

- By Mauricio Alencar

Business Secretary Jonathan Reynolds claimed an increase to the national minimum wage would mean low-paid staff could help drive growth.

But research by jobs website Indeed indicates wage growth for those on lower incomes is on the decline – but inflation is set to creep up.

It found that annual pay growth for low-wage roles came to 6.2% in February, the lowest figure since early 2022.

Wage growth for people in low-pay jobs was 6.8% in the previous month.

Indeed’s calculation for low-wage workers includes anyone who is paid less than £12.55 an hour.