Wages ‘eroded over more than a decade’

Average pay growth rising above inflation in August for the first time in two years will be cold comfort for millions of workers who have suffered pay erosion for over a decade. The Office for National Statistics (ONS) announced on Thursday (October 17) that in the three months to August, annual pay growth rose by […]

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Real terms pay continues to plummet

The real value of workers’ pay keeps on nosediving, with the latest figures showing the fastest fall in real wages since 2009 as inflation continues to outpace wage rises. The latest data from the Office for National Statistics (ONS) published on Tuesday (April 18) showed that yearly growth in average pay stayed at 6.6 per […]

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