Living Standards Crisis Far From Over, Warns TUC
Commenting on Tuesday's inflation figures from the Office for National Statistics, which show CPI inflation down at 2.7%, TUC General Secretary Frances O’Grady said:
“Britain’s living standards crisis is far from over. Today’s fall in prices may ease the pressure a bit. But working people will still be worse off at the end of this parliament than before the crash.
“The government must up its game. Millions of workers haven't had a proper pay rise in years.
“Unless ministers invest in the infrastructure and public services needed for better-paid jobs, the UK will remain at the bottom of the league for real wage growth.”
Analysis published by the TUC shows the UK is set have the worst wage performance of any advanced economy in 2018.
Living Standards Crisis Far From Over, Warns TUC, 22nd March 2018, 15:43 PM