Pay
(asked on 13th May 2025) - View Source
Question to the HM Treasury:
To ask His Majesty's Government what assessment they have made of the current rate of wage growth; and whether they intend to reassess the current rates at which businesses pay National Insurance contributions on employees.
This question was answered on 21st May 2025
The latest data from the Office for National Statistics (ONS) shows that in first quarter of 2025, average weekly pay (including bonuses) across the whole economy grew by 5.5% from the first quarter of 2024.