UK workers are finally getting a pay rise

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• UK wage growth picked up to almost 3% in the three months to July.
• "Earnings have grown faster than prices for several months, especially looking at pay excluding bonuses," David Freeman, the ONS' head of labour market statistics said in a statement.
• The increase is in part down to more than one million NHS workers getting a recent pay rise.
• Unemployment continued to fall, with 55,000 fewer people out of work over the period.

Wages for British workers surged in the three months to July, according to new data released by the Office for National Statistics on Tuesday.

The ONS said that average wages increased by 2.9% in the three months to July without bonuses. When bonuses are included, that figure was 2.6%. Both numbers were ahead of economists' expectations. The average forecasts were for 2.8% growth excluding bonuses and 2.4% growth when bonuses were included.

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