Various pay research organisations have published pay data for the three months to the end of October 2022, as well as predictions for the future.
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The National Living Wage and the National Minimum Wage rates will increase from 1 April 2023 as follows:
The UK’s inflation rate in October 2022, as measured by the Consumer Price Index (CPI), was 11.1%.
Three pay research organisations have published pay data for the three months to the end of September 2022.
Draft guidance on monitoring at work has been published.
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