UK wages grow at 7.8% despite slowing jobs market

Receive free UK employment updates

We’ll send you a myFT Daily Digest email rounding up the latest UK employment news every morning.

UK wages grew at the fastest pace on record in the three months to July, despite a weaker jobs market in which unemployment rose and hiring slowed, official data showed on Tuesday.

The Office for National Statistics said annual growth in average pay, excluding bonuses, remained at 7.8 per cent — the…