Full-time workers in Buckinghamshire earn more than the average Brit, new figures have shown. 

Data from the Office for National Statistics showed the average salary in the county as of April was £43,318. 

This is almost £6,000 more than the national average of £37,521 and higher than the average across the South East of £40,339. 

Salaries are also on the rise with the Bucks average going up by 9.7 per cent from the year before. 

It comes as Chancellor Rachel Reeves unveiled her first budget last week in which she raised taxes and increased spending, admitting this may lead to smaller pay rises. 

READ MORE: One in six Buckinghamshire adults out of work, figures show

While there were no direct tax rises on employees, national insurance contributions from employers will rise from 13.8 per cent to 15 per cent in April, while the threshold will drop from £9,100 annually to £5,000.

The tax rise is expected to be around £25 billion per year, but experts have warned much of this will be passed onto working people.

The Office for Budget Responsibility forecasts 76 per cent of the increase will be passed on by 2026-27 through lower real wages – a combination of a squeeze on pay rises and increased prices.

The watchdog also warned the measure could lead to the equivalent of around 50,000 average-hour jobs being lost.

READ MORE: One in seven Buckinghamshire children living in poverty

Asked about the consequences of the move, the Chancellor told the BBC: "I said that it will have consequences.

"It will mean that businesses will have to absorb some of this through profits, and it is likely to mean that wage increases might be slightly less than they otherwise would have been."

But James Smith, research director at the Resolution Foundation economic think tank, said: "This is definitely a tax on working people, let’s be very clear about that.

"Even if it doesn’t show up in pay packets from day one, it will eventually feed through to lower wages."