UK jobs market ‘on the turn’ as unemployment rises; ‘terrifying’ increase in mortgage arrears – as it happened

Total pay jumps by 8.5% in the last year - ahead of inflation - while value of mortgages in arrears is now the highest in almost seven years

• UK pay rises at record rate despite growth in unemployment

The TUC has issued a sharp warning that the UK economy has fallen into the danger zone".

TUC General Secretary Paul Nowak explains:

Unemployment is up by nearly a quarter of a million over the last year.

And while average pay has finally inched above inflation, real wages still falling across the public sector, retail, hospitality and construction.