British pay grew at its slowest pace in more than two years in the three months to August and vacancies fell again, according official data that will probably be welcomed by the Bank of England as it considers when to cut interest rates again.

UK wages grew at the slowest pace in over two years over the summer, a sign of easing inflationary pressures that keeps the Bank of England on track to cut interest rates again this year.

BoE cut borrowing costs in August but kept them on hold at its September meeting, saying it wanted to see further signs that inflation pressures were abating