Wage growth slows again as job market stalls

Wage growth slowed again in the UK jobs market but is still outpacing price rises, official figures show.

Pay growth, excluding bonuses, fell to 6.6% in the three months to November, but earnings are rising faster than inflation, the rate prices rise at.

But there are signs the jobs market is stalling as higher interest rates hit businesses, with the number of vacancies dropping.

Roles in the retail sector have seen the biggest fall in recent months.