Fall in bonuses slows earnings growth

growth rate of average earnings in the UK has slowed due to a drop in the
number of bonuses in the economy as a whole.

figures from the Office for National Statistics show that average earnings grew
by 3.2 per cent in April, down from 3.4 per cent in March.

figures show that seasonally unadjusted pay growth, including bonuses, fell
from 4.7 per cent in March to 2.5 per cent in April.

growth excluding bonuses also experienced a decline, falling from 3.7 per cent
to 3.4 per cent during the same period.


By Ross Wigham

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