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Issue 43, December 2025
https://www.incomesdataresearch.co.uk/resources/pay-climate/issue-43-december-2025

This issue of Pay Climate contains forecasts for inflation and an examination of the latest labour market indicators.

Inflation outlook could be marginally lower after April
https://www.incomesdataresearch.co.uk/resources/viewpoint/inflation-outlook-could-be-marginally-lower-after-april

Following the Budget, we went out again to our panel of City economists, to see if they had made any revisions to their inflation forecasts in the wake of the measures announced by the Chancellor. This article details how the outlook might change.

Private sector median rises to 3.4%
https://www.incomesdataresearch.co.uk/resources/press-releases/private-sector-median-rises-to-34

The median pay award across the private sector rose from 3.0% to 3.4% in the three months to October 2025, according to the latest monitoring figures from Incomes Data Research (IDR).

Graduate and Apprentice Pay 2025
https://www.incomesdataresearch.co.uk/reports/graduate-and-apprentice-pay-2025

This report provides a detailed picture of pay and the labour market for graduates and apprentices.

Pay Freeze for Father Christmas but elves fare better
https://www.incomesdataresearch.co.uk/resources/insights/pay-freeze-for-father-christmas-but-elves-fare-better

Qualifications: experience working with children, stocky build, own big, white beard an advantage. But may need to tighten their belt...