hello and welcome if you re watching in the uk or around the world. the value of uk wages has fallen at the fastest rate since records began after taking into account the rising cost of living. household budgets are being squeezed by rising food, fuel and energy costs. average pay fell by 3% between april and june, when adjusted for inflation. that means prices are rising at an even faster rate, despite growth in regular pay excluding bonuses. meanwhile, job vacancies continued to increase, although the rate is slowing. the rise in the cost of living has prompted workers and unions across several industries to call for inflation matching pay rises with some, such as rail workers, going on strike. but the government claims the employment figures show the resilience of the uk economy. our business correspondent nina warhurst has more details on those uk job figures. average pay is growing faster than for 15 years but what is crucial at the moment, what everybody watching will
at stansted as heathrow extends its passenger cap to the end of october. and, at last, an apology for the native american actress, booed off stage at the oscars almost 50 years ago. good afternoon. new figures suggest the real value of wages, has fallen at its fastest rate since records began, leading to further concerns about the cost of living. the office for national statistics says regular pay, excluding bonuses, was up a.7% between april and june this year, compared to 2021. but taking inflation into account, wages are actually down 3%, hit by the rising cost of goods and services. the government says it recognises people are struggling with high prices, but is providing direct financia help for millions on low incomes. here s our economics correspondent, andy verity. from the outside, a.7% is the best average pay rise for years. but the inside story is the average worker is dealing with astronomical price rises that more than cancel that out. aiming to attract the insta
a new dual covid vaccine will form part of the uk s autumn booster campaign the jab targets both the original covid and omicron variants. and, at last, an apology for the native american actress, booed off stage at the oscars, almost 50 years ago. good afternoon and welcome to bbc news. new figures suggest the real value of wages, has fallen at its fastest rate since records began, leading to further concerns about the cost of living. the office for national statistics says regular pay, excluding bonuses, was up 4.7% between april and june this year, compared to last year. but taking inflation into account, it s actually down 3%, hit by the rising cost of goods and services. the government says it recognises people are struggling with high prices, but is providing direct financial help for millions on low incomes. here s our economics correspondent, andy verity. from the outside, 4.7% is the best average pay rise for years. but the inside story is the average worker is deal