While inflation was running at 3 per cent, average total pay - including bonuses - rose by just 1.4 per cent, to £467 a week, the Office for National Statistics (ONS) said. full story ![]()
You will recall that back last week the European Central Bank released a report that said that German households were the poorest ones in the Eurozone. Despite having higher wages and living in a richer country, they were poorer than households in Cyprus, Greece and Spain. This was a result of such gargling nonsense that of course a politician decided to use it as the basis...
forbes.com (1 month and 26 days ago)

Wage rises continue to lag behind inflation, leaving hard-pressed households with less money to spend despite higher pay, new figures have shown.
dailymail.co.uk (1 month and 24 days ago)

A slump in wages since the economic downturn meant middle income households saw their earnings drop by more than £3,000-a-year, the Office for National Statistics said.
dailymail.co.uk (3 months and 3 days ago)
Disposable incomes of middle earners have fallen by about £1,200 over the past few years, according to the Office for National Statistics. Between 2007/8 and 2010/11, the average disposable income for non-retired households in the middle fifth of the income distribution fell by 3.8 per cent, from £31,000 a year to £29,900. Before taxes and cash benefits were taken into...
independent.co.uk (3 months and 3 days ago)

Inflation is yesterday's problem. That was the clear message from the latest figures from the Office for National Statistics showing a bigger-than-expected drop in price pressures last month. Cheaper petrol and a seasonal fall in air fares meant the annual increase in the cost of living came down from 2.8% to 2.4% in April. Belatedly, this starts to bring the UK into line...
guardian.co.uk (29 days ago)

Britain has suffered a "lost decade" in living standards after a second year of sharp falls in inflation-adjusted pay pushed incomes back to levels last seen in the early 2000s, according to official figures released on Thursday. Data from the Department for Work and Pensions showed that two successive years in which real incomes dropped by 3% per annum wiped out modest...
guardian.co.uk (6 days ago)

Inflation fell sharply to 2.4pc in April, down from 2.8pc in March, catching the market by surprise and easing the squeeze on households finances.
telegraph.co.uk (29 days ago)

Households struggling with rising costs were told in no uncertain terms today to expect the squeeze on their incomes to continue for the foreseeable future.
dailymail.co.uk (30 days ago)

ONS figures show rising inflation combined with pay freezes means wages have been falling for three yearsThe real value of UK workers wages fell back to 2003 levels in 2012, following several years of pay freezes and economic restructuring, according to official figures.After three decades of strong growth, real wages peaked in 2009, data from the Office for National...
guardian.co.uk (4 months and 6 days ago)

UK inflation rose to 2.7pc in May, from 2.4pc in April. We examine how high inflation has squeezed UK households, and take a closer look at what's pushing up prices.
telegraph.co.uk (1 day ago)
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