Cost Of Living Salary Increase 2024 Uk. “however, a larger proportion [17 per cent] are still planning pay rises of above 6 per cent in 2024, it says. The average forecast among economists surveyed by the treasury in the first half of november 2023 was for inflation to average 4.6% in the fourth quarter (q4) of.

Average uk house prices are estimated to have fallen 1.4% in the year to december 2023 (provisional estimate). The treasury has announced a 9.8% increase to the national living wage from april 2024, with mandatory rate of hourly pay increasing from £10.42 to £11.44.