UK Average Pay Falls at Fastest Rate on Record Amid Soaring Inflation

Bar staff pour drinks at The Toll Gate, a Wetherspoons pub in Hornsey, north London, on July 4, 2020. Aaron Chown/PA Media

British workers have seen their pay slump in real terms at the fastest rate on record, official statistics have revealed.

According to data released by the Office for National Statistics (ONS) on July 19, regular wages (excluding bonuses) rose slightly by 4.3 percent over the three months to May.