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Wednesday, 17 April 2013

Poor outlook: living standards slump

 

A raft of recent data has underlined the scale of Britain's deepening living standards crisis.
Inflation figures showed that workers were suffering as price rises - in particular recent hikes in energy bills - continued to outstrip wage increases. Meanwhile, figures from the Office for National Statistics showed middle-income households were thousands of pounds worse off than five years ago.
There was also an angry TUC reaction to figures showing that executives have enjoyed a 15 per cent-plus hike in their reward packages over the past year. Fair pay will be one of the central features of TUC campaign work over the coming months.
More on inflation figures @
http://www.tuc.org.uk/economy/tuc-22102-f0.cfm

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