Plumbers and electricians cashing in with rates in London hitting record levels
Plumbers and electricians are earning more than 拢1,100 a week with the cost of labour on London jobs hitting record levels, according to a leading payroll firm.
Hudson Contract said average earnings for self-employed tradespeople rose to 拢950 per week during February, a jump of 7.1% on the same period last year.
And all trades in London are picking up an average of 拢1,000 week with rates in the capital up 13.6% on this time last year.
Nationally, plumbers are taking home 拢1,115 a week and electricians are earning 拢1,145 a week.
Hudson said soaring wage inflation saw pay packets in all regions go up in February with weekly take home pay hitting an all-time high of 拢931 in the South-west.
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Managing director Ian Anfield said: 鈥淚t has been a mild start to the year and demand on sites remains high for skilled tradespeople. We have had a busy month for entering new contracts and we are seeing anecdotal evidence of more Europeans returning to the UK labour market.鈥�
The regions which saw the biggest jumps in February were the North-east with weekly pay packets going up 15.1% to an average of 拢748 and Yorkshire and the Humber with a rise of 14.7%, taking the weekly average to 拢897.
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