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By Lars Mucklejohn UK wage growth slowed in the three months to June despite an unexpected fall in unemployment, official figures show. Average earnings excluding bonuses rose 5.4 per cent in the period to June, down from 5.7 per cent in the three months to May, according to data from the Office for National Statistics (ONS). This figure marks the slowest pace of growth since May to July 2022. Including bonuses, annual wages grew 4.5 per cent – a sharp slowdown from 5.7 per cent and below economists’ expectations of 4.6 per cent. The ONS noted that this figure was affected by comparisons with …

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