UK wage growth picks up pace as unemployment falls

British workers’ pay grew at its joint fastest pace in over a decade as employers extended their hiring spree, adding to signs that uncertainty about Brexit is prompting firms to take on workers rather than commit to longer-term investments.

Contrasting with other sluggish readings of the UK’s economy, total earnings, including bonuses, rose by an annual 3.5% in the three months to February, official data showed.