Business Live with Ian King: Wage growth slows as latest unemployment figures released

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Join Ian King and guests as wage growth has slowed but still remains well above the rate of inflation while unemployment is unchanged, according to official figures.

Average weekly wage growth, which excludes bonuses, eased to 6.6% in the three months to November, from 7.3% a month earlier, the Office for National Statistics (ONS) said.

It means pay packets grew faster than the rate of price rises, which stood at a more than two-year low of 3.9% up to November. When bonuses were factored in, pay grew 6.5%.

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