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Friday 23 August 2013 4:47 am

Worker pay sees biggest quarterly growth in 13 years

By: Peter Spence

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Growth in UK incomes, including wages, salaries and pension contributions, was up 2.4 per cent in the second quarter of this year. That's the biggest quarterly increase in compensation in 13 years.

The Office for National Statistics' second estimate of these figures showed that those in employment aged 16 or over reached a record high of 29.8m, up 69,000 in the second quarter.

That puts the employment rate 0.1 percentage points higher at 71.5 per cent, with unemployment unchange at 7.8 per cent for the fourth consecutive quarter.

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