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I’m not in the UK, but if you can show your performance and impact, I’d try for at least 5%. The bigger increases are going to come from promotions or landing somewhere new
It is defintiely reasonable to ask for a raise in pay. You should do research and see what the market pay is for someone in that role. That way you can show them you should be making more.
I remember few months after having arrived to the UK asking for a pay rise because the salary was too low. Still remember my manager grinning while delivering me the news there will be no pay rise
London honestly seems like one of the toughest global markets. Do you feel the skills you gained from this job can help you get your next one? How many total YOE?