UK workers ‘£11,000 worse off a year’
‘Nobody has ever seen anything like this’
…
“… [What] are known as ‘real wages’ haven't seen sustained growth for 15 years …
Torsten Bell, chief executive of the Resolution Foundation, says … ‘Nobody who's alive and working in the British economy today has ever seen anything like this’ …
“Xiaowei Xu, senior research economist at the Institute for Fiscal Studies think tank, describes this as an ‘absolutely massive difference in living standards’ …
https://www.bbc.com/news/business-64970708
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