in public sector pay has slowed even further, according to findings from the
Office for National Statistics.
annual rate of growth in average earnings (including bonuses) was 3.4 per cent
in the year to December 2003, down from January’s figure of 3.5 per cent. The
rate for earnings excluding bonuses was 3.6 per cent, unchanged from November
2003. Pay growth in the public sector stood at 4.4 per cent in the year to
December, down from 4.8 per cent in November.