Ryan FowlerRecent research by Journo Research and global fintech group Plus500 has provided insights into the UK industries experiencing the most substantial wage increases.
Utilising data from the Office for National Statistics’ Wages and Salaries Survey, the study highlighted the sectors with the highest percentage growth in average weekly earnings from December 2022 to December 2023.
The manufacturing of textiles, leather, and clothing industry emerged as the top performer, witnessing a remarkable 12.31 percent increase in wages from £489.18 to £549.41.
This was closely followed by the agriculture, forestry, and fishing industry, which saw an 11.26 percent wage increase, with earnings rising from £462.40 to £514.45.
The real estate activities industry ranked third, with an 11.25 percent increase in weekly earnings from £632.48 to £703.64.
Other notable industries include the accommodation and food service activities, which experienced a 9.99 percent rise in wages, and the manufacturing of basic metals and metal products sector, with a 9.31 percent increase.
