UK workers £11k worse off after years of wage stagnation – thinktank

Resolution Foundation analysis suggests UK also lagging behind similar economies such as Germany

Workers in the UK are £11,000 worse off a year after 15 years of “almost completely unprecedented” wage stagnation that signals a failure of recent economic policy, according to the Resolution Foundation.

The thinktank, which focuses on low-to-middle income households, compared wage inflation before the 2008 financial crash with the pace set since and found that the average worker was losing out by thousands of pounds a year.

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