search
Barnsley
Batley
Bedale
Beverley
Bingley
Bradford
Bridlington
Brighouse
Castleford
Catterick Garrison
Cleckheaton
Cottingham
Darlington
Dewsbury
Doncaster
Driffield
Elland
Filey
Goole
Guisborough
Halifax
Harrogate
Hawes
Hebden Bridge
Heckmondwike
Hessle
Holmfirth
Huddersfield
Hull
Ilkley
Keighley
Knaresborough
Knottingley
Leeds
Leyburn
Liversedge
Malton
Mexborough
Middlesborough
Mirfield
Morley
Normanton
Northallerton
Ossett
Otley
Pickering
Pontetfract
Pudsey
Redcar
Richmond
Ripon
Rotherham
Saltburn-by-the-Sea
Scarborough
Selby
Settle
Sheffield
Shipley
Skipton
Sowerby Bridge
Stockton-on-Tees
Tadcaster
Thirsk
Todmorden
Wakefield
Wetherby
Whitby
Yarm
York
Company Profitability Up In Last Decade, While Real Wages Slide, Says TUC
photo by Thomas's Pics
Profitability has grown in the last decade, while real wages have fallen, according to new TUC analysis of ONS figures.

The latest figures show UK-registered corporate profitability at 12.6% in 2017, up from 11.4% in 2007. Yet real wages in the same period fell by 4.4%.

In the services sector, profitability is even higher – rising from 14% to 19.1%.

TUC General Secretary Frances O’Grady said:

“Working people aren’t getting their fair share. Profitability is up, but real wages are still in freefall.

“It’s especially galling to see so many people on poverty pay in the service sector, where profits have shot up.

“Not only does Britain deserve a pay rise, but this evidence shows that business can afford it too.”

Company Profitability Up In Last Decade, While Real Wages Slide, Says TUC, 13th January 2018, 11:15 AM