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Architecture practice Aukett Swanke has said the scale of the recovery in the UK now means the amount it pays its staff is beginning to rise.

As the country鈥檚 only listed architect, the firm, which is obliged by stock exchange rules to put out interim results and trading updates, can be a bellwether for how the market is performing and in a trading update said it had 鈥渢raded profitably in the second half鈥� and that full year results would be 鈥渋n line with board expectations鈥�.

It added: 鈥淭he UK continued to improve its financial performance in the second half but, as expected, this was tempered by rising salary costs and integration and property costs.鈥�

The firm, which is the masterplanner for a research hub for Imperial College London in west London, said the amount of money it was returning to shareholders in a dividend would be 0.21 pence per share for the full year. It began paying a dividend again earlier this year after an absence of five years.

Last year鈥檚 pre-tax profit was 拢550,000 on revenue of 拢8.4 million. Its 2014 results are due to be announced in January.