{"id":6046,"date":"2026-06-07T23:33:06","date_gmt":"2026-06-07T23:33:06","guid":{"rendered":"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/06\/07\/uk-pay-settlements-hold-at-3-5-for-second-month-idr-survey-shows\/"},"modified":"2026-06-07T23:33:06","modified_gmt":"2026-06-07T23:33:06","slug":"uk-pay-settlements-hold-at-3-5-for-second-month-idr-survey-shows","status":"publish","type":"post","link":"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/06\/07\/uk-pay-settlements-hold-at-3-5-for-second-month-idr-survey-shows\/","title":{"rendered":"UK pay settlements hold at 3.5% for second month, IDR survey shows"},"content":{"rendered":"<article><!-- --><!-- --><!-- WPS-5038 -- removed the script from WPS and added the placeholder for trinity player --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- CONTENT --><!--[--><!--[--><\/p>\n<p>LONDON &#8211; Pay settlements awarded by British employers held steady in the three months to April despite an increase in the country&#8217;s minimum wage, according to a survey that was published the week before the Bank of England&#8217;s interest rate decision.<\/p>\n<p>Read more <a href=\"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/06\/07\/toyotas-chairman-is-waving-nissan-flags-for-the-american-made-murano\/\">Toyota\u2019s Chairman Is Waving Nissan Flags For The American-Made Murano<\/a><\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Incomes Data Research said on Monday that the median pay rise awarded by major employers was 3.5% in the February to April period, the same as in the three months to March.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>The BoE, which is expected to leave interest rates unchanged at 3.75% next week, is monitoring pay growth as it gauges inflation pressures in the \u2060economy, which investors view as very exposed to higher \u200benergy prices caused by the war in Iran.<\/p>\n<p><!--]--><!--[--><\/p>\n<p>IDR survey also showed:<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>\u2022 The proportion of firms offering pay rises of 4% or more rose to 33% in April from 21% in March, reflecting bigger pay rises in engineering, energy and water companies<\/p>\n<p>Read more <a href=\"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/06\/07\/nothing-chill-about-tustins-annual-chili-cook-off-and-street-fair\/\">Nothing chill about Tustin\u2019s annual chili cook-off and street fair<\/a><\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>\u2022 IDR said April was a month with higher pay awards as the minimum wage rose by 4.1% to \u00a312.71 ($17.11) an hour for those aged 21 and over<\/p>\n<p><!--]--><!--[--><\/p>\n<p>\u2022 Pay awards in private services sector fell to 3.3% from 3.5% in March, though there were bigger increases in retail and hospitality jobs paid close to the minimum wage<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>\u2022 The survey was based on 166 awards between February 1 and April 30 which covered more than 3.3 million workers<\/p>\n<p>Read more <a href=\"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/06\/07\/ballot-shortage-cases-reach-south-koreas-constitutional-court\/\">Ballot shortage cases reach South Korea\u2019s Constitutional Court<\/a><\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>($1 = 0.7428 pounds)<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p> (Reporting by Suban Abdulla; editing by David Milliken)<\/p>\n<p><!--]--><!--[--><\/p>\n<p><i> Copyright Reuters or USA Today Network via Reuters Connect.<\/i><\/p>\n<p><!-- --><!--]--><!--]--><!-- --><\/p>\n<p>This story was originally published <span>June 7, 2026 at 4:12 PM<span>.<\/span><\/span><!-- --><\/p>\n<p><!-- --><!-- --><!-- --><\/article>\n","protected":false},"excerpt":{"rendered":"<p>LONDON &#8211; Pay settlements awarded by British employers held steady in the three months to April despite an increase in the country&#39;s minimum wage, according to a survey that was published the week before the Bank of England&#39;s interest rate decision.<\/p>\n","protected":false},"author":1,"featured_media":6045,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-6046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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