Pay squeeze intensifies as wages growth falls further behind inflation

Pay squeeze intensifies as wages growth falls further behind inflation

ONS data signals further decline in living standards for UK households as unemployment rate stays at 42-year low. Britain’s pay squeeze has intensified after wages growth fell further behind inflation, according to the latest official data. Regular pay growth, excluding bonuses, slowed to 1.7% year on year in the three … More

Source: Russian Trade Delegation