Home Business NewsThe areas that have seen the biggest increase in wages in the past year

The areas that have seen the biggest increase in wages in the past year

by LLB staff reporter
7th Aug 24 7:16 am

New research has revealed the UK areas with the biggest wage increases, with Lichfield coming out on top.

The study by QRFY analysed the latest release from the Office for National Statistics, which showed hourly wage data for every local authority in the United Kingdom, including overtime, and compared the changes in wages between 2022 and 2023.

It found that the Staffordshire area of Lichfield saw the most significant increase in wages. Lichfieldโ€™s hourly pay, on average, was ยฃ14.97 in 2022, which has now increased to ยฃ19.07 in 2023, a 27.39% increase.

The South Staffordshire area comes in second place. It had an average hourly wage of ยฃ14.84 in 2022, which has increased by 24.39% and now sits at ยฃ18.46 in 2023.

The Eastbourne area, located in East Sussex, takes third place. In 2023, the area’s average hourly pay was ยฃ 20.58, which increased by 22.72% from 2022โ€™s value of ยฃ16.77.

The Hertfordshire area of Watford comes in fourth place. In 2022, the area had an average hourly pay of ยฃ18.85; as of 2023, is now ยฃ23.10, a 22.55% increase.

Rounding out the top five is Kingston upon Thames. The south-west London area had an average hourly pay of ยฃ20.69 in 2022, which has increased by 20.54% in 2023 to ยฃ24.94.

Marc Porcar, CEO of QRFY, said: โ€œWhatโ€™s interesting to see is the variety of areas that feature in the top ten, showing that there is year-on-year wage growth in many less built-up areas around the country.

“Growth in wages outside major cities may lead workers to question whether the pressure of the inner city is worth it, especially with the increased cost of living city life may bring.โ€

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