Real wages in Britain plunge – report ...News

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Incomes have fallen the most since 1977, according to the Trades Union Congress Actual earnings in the UK have shrunk by £76 ($93) a month over the course of a year as a result of pay not keeping pace with inflation, the nation’s federation of trade unions, the Trades Union Congress (TUC) has said. According to its report on Monday, Britons have seen the sharpest drop in real wages since 1977 and the second worst on record since the end of World War II in 1945. Real wages are defined as the amount people earned in relation to their cost of living. Data showed that key workers in the public sector are now £180 ($22

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