Workers ‘fighting hard to stand still’

Wage growth slowed according to the latest figures published today (January 16) but pay is still outpacing inflation. Average weekly wage growth, which excludes bonuses, slid to 6.6 per cent in three months to November from 7.3 per cent in the previous month, the Office for National Statistics (ONS) reported. But with inflation falling more […]

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Tesco profit forecast soars

Supermarket giant Tesco’s latest trading update was further proof of rampant profiteering in the sector, Unite general secretary Sharon Graham said. Tesco announced on Thursday (January 11) that its Christmas sales were higher than expected. It also revised upwards its profit forecast for the full year to £2.75bn, up from the previously forecast of the […]

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