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The UK’s inflation rate in February 2023, as measured by the Consumer Price Index (CPI), was 10.4%.

The limit on a ‘week’s pay’ and the various maximum employment tribunal awards will increase from 6 April 2023.

Various pay research bodies have published pay data for the three months to the end of January 2023, as well as forecasts for 2023 more generally.

The UK’s inflation rate in January 2023, as measured by the Consumer Price Index (CPI), was 10.1%.

Three pay research bodies have published pay data for the three months to the end of December 2022.