UK wage growth has risen for the first time in more than a year, but signs point to an ongoing cooling off in the jobs market amid mounting uncertainty following recent Budget measures.Official figures show regular earnings growth jumped to 5.2% in the three months to October, up from a revised 4.9% in the previous three months and the first time it has risen since August last year.Earnings growth also outstripped inflation by 3% in the three months to October, with Consumer Prices Index (CPI) i

UK wage growth has risen for the first time in more than a year, but signs point to an ongoing cooling off in the jobs market amid mounting uncertainty following recent Budget measures.Official figures show regular earnings growth jumped to 5.2% in the three months to October, up from a revised 4.9% in the previous three months and the first time it has risen since August last year.Earnings growth also outstripped inflation by 3% in the three months to October, with Consumer Prices Index (CPI) inflation taken into account.The Office for National Statistics (ONS) estimated the number of people on UK payrolls fell by 35,000 to 30.4 million between October and November, although this is subject to revision.