Monday 20 March 2023

Worse Off

Anonymous - 

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’ …


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