Inflation fell slightly in August from 6.8% to 6.7%, prompting hopes that interest rates will not increase.
Pay settlements
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Employees at BT, Openreach and EE have voted in favour of a pay deal that will see them receive a pay increase of 2.5% this year.
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The September 2023 labour market figures show that regular pay excluding bonuses increased by 0.6% in real terms.
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Lidl pay rise for 24,500 employees sees hourly wage increase from £11.00 to £11.40 outside London from September 2023.
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Junior doctors strike to coincide with consultants' walkouts and strike mandate is extended to the end of February 2024.
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Homessness charity St Mungo's employees accept a 7-15% pay rise after months of industrial action and campaigning.
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Consulting firm PwC will pay more than 1,000 partners £906,000 this year.
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The median basic pay award has fallen below 6% for the first time this year, dropping to 5.7% in the three months to the end of July 2023.
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Junior doctors in Scotland have accepted the latest pay deal from the Scottish government, ending their industrial dispute.
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Inflation in the UK dropped to 6.8% in the year to July as gas and electricity prices lowered, but wages still lag behind.
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Unite union announces significant pay rise among British Airways workforce, not including pilots or management.
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Teachers in England in the NEU will not go on strike in the autumn term, after they accepted the government's pay deal for 2023-24.
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The British Medical Association announces a fifth strike by junior doctors after government continues to refuse to negotiate.
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Inflation in June 2023 falls to 7.9%, only 0.6 percentage points higher the regular wage growth, but RPI remains in double digits
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The prime minister is set to approve pay rises of 6-6.5% for public sector workers including teachers, police, prison officers and junior doctors.