Bury has been named as one of the areas with the biggest increase in wages in the UK.

Analysis of Office for National Statistics (ONS) data by financial services firm CMC Markets found the borough ranks in sixth place in Britain for having the largest increase in their pay packet.

The average hourly wage increase in Bury increased by 18.81 per cent from 2021 to 2022.

In 2021, the rate was £14.67 whereas in 2022 it rose to £17.43.

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Bury is the only area in the North West to make the top 10 of areas with the highest wage increase.

The five places with higher increases than Bury were Melton, Maldon, the Cotwolds, Sutton and East Dunbartonshire.

Melton had the biggest average increase of 34.96 per cent.

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Commenting on the findings, CMC Markets’ chief market analyst Michael Hewson said: “What’s fascinating to see is the huge wage growth in so many areas, and how it isn’t just tied to one area with locations across Britain making their way into the top ten.

“This wage growth is also seen outside of financial hubs and major cities, which may make people question whether the inner-city pressure is worth it.”

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Last November, other ONS figures found that wage growth in Bury roughly matched inflation in the last year as well as wages rising due to the cost-of-living crisis.

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