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#wagegrowth

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New research from the Trades Union Congress (TUC) shows that the average UK worker would be £10,400 a year better off if real wages had grown at their pre-financial crisis trend – the equivalent of £200 a week.
Before the financial crash UK real weekly wages grew on average by 1.7 per cent each year. Since 2008, average annual growth has been -0.2 per cent.

A huge transfer of wealth, from the poor to the rich.

#Wages #WageGrowth #TUC #UKPolitics #Economics

independent.co.uk/news/uk/home

The Independent · Average UK worker £200 a week worse off than before 2008 financial crisis, analysis saysBy Joe Middleton